Top U.S. regulator warns over corporate debt, market risks

Reuters/Katanga Johnson

“‘In the United States, outstanding corporate debt stands at almost $10 trillion, almost 50 percent of GDP, [Jay Clayton, chairman of the Securities and Exchange Commission] said. ‘Those are numbers that should attract our attention,’ said Clayton.”

USAGOLD note:  One wonders if anyone is paying attention . . . . We should keep in mind too that a large portion of that debt went to stock buybacks – a major lubricant to the stock indices.

Chart courtesy of HowMuch.net


Repost from 9-9-2019

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