The essential
The leverage of US companies has increased steadily in recent years. The rise has been particularly marked for large companies with access to financial markets. These companies have benefited fully from the low rate and abundant liquidity environment promoted by central banks. However, the environment has changed: the Fed has embarked on a monetary tightening cycle, which could lead to a more pronounced than expected tightening of financing conditions. Are US Corporations at risk ? |
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June 2017 |
Juin 2017
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The Article
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L'Article
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