BK

Amid the Chaos, Fire Insurance

Submitted by Chris Ducret on Sun, 03/15/2020 - 19:31

With the chaos unfolding hourly, keeping your eye on the ball can be hard through all of the noise.  Take Boeing, taping their $13B credit line to keep the lights on. With US Corporate debt at all time highs, time to make list of who is in for a collapse. Small, mid, and large caps it is all the same issue. Borrowing of money for stock buyback or pay dividends to juice stock prices will not hold up anymore.  Simple issue the businesses  do not justify the prices, but taking stock out of the market sure helps.