
So, Business Debt Just Exceeded Household Debt For The First Time In 28 Years
If you're in the camp that worries about corporate debt, the Fed provided some fodder for scary head

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Mr H–
any charts on corporate leverage vs business spending in the past? The assumption is that ‘good’ lverage goes to support business investment…but when it doesnt, it doesnt necessarily mean something bad is Imminent. Free cash flow to leverage….but were in an era of very low rates…so maybe really FCF vs interest expense in aggregate might paint a better picture.
Some $52-53Tn of debt from US Govt, Biz and Consumers. Add in states, underfunded pensions, future govt deficits, etc. All time high corp margins, slowing population growth, near full employment.
What, me worry?