Description: Corporate America has been tapping into the cheap stream and with normalized interest rates on the horizon, David Prince, Founder & President, Harbinger Capital Markets Research says debt levels have gotten altogether too high.
Source: BNN.com – video report
Date: Sep 11, 2015
Questions for Discussions:
- Summarize the analysis presented by David Prince.
- Given his thinking, would a rate hike be good for the market? Why?