Thursday, July 30, 2015

The Zombie Corporation Infection Is Spreading

July 30, 2015
Bill Gross says Fed recognizing zero percent rates causing harm to U.S.

What was equally troubling, Gross said, is that because double-B and single-B rated and in some cases triple-C rated companies have been able to borrow at less than 5 percent, "a host of zombie and future zombie corporations now roam the real economy."

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