Are we on the brink of a corporate credit crisis?

February 13, 2023, 08:00:20 AM

Are we on the brink of a corporate credit crisis?

[html]Everyone seems to be in a bit of a debt bind at the moment: The US government has run out of credit to spend, high inflation and interest rates have taken a big bite out of debt-laden tech co*panies that expected pandemic-era growth to continue and US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, according to TransUnion.[/html]

Source: Are we on the brink of a corporate credit crisis? (http://ht**://www.cnn.c**/2023/02/13/investing/premarket-stocks-trading/index.html)