/biz/ - Business & Finance

>$8300 a month isn't enough to raise a family
>you spend more than $2000 a week
how
fucking how spoiled shits? Do you just door dash every fucking meal?

>>55621844
we actually have a corporate bond bubble
even has its own wikipedia page
>https://en.wikipedia.org/wiki/Corporate_debt_bubble
>"In June 2018, 22% of outstanding U.S. nonfinancial corporate debt was rated "junk", and a further 40% was rated one step above junk at "BBB", so that approximately two-thirds of all corporate debt was from companies at the highest risk of default, in particular retailers who were losing business to online services."

>"By mid-2018, total outstanding U.S. corporate debt reached 45% of GDP, which was larger than that seen during the dot-com bubble and subprime mortgage crisis."

So what was the solution by the fed after causing this problem?

>"On 12 May, the Fed began buying corporate bond ETFs for the first time in its history. It stated its intention to buy bonds directly "in the near future". As companies must prove that they can not otherwise access normal credit to be eligible for the primary market facility, analysts opined that it may create a stigma for companies and be little used. However, the guarantee of a Fed backstop appears to have ensured market liquidity."

just fuck our shit up

>>54918351
>2b in smg