US companies have issued a staggering amount of debt, but it's not a problem. At least that's according to Adam Parker, chief equity strategist at Morgan Stanley. In a note to clients Tuesday, Parker noted thatthe massive $517 billion in new debt issued by US corporations in the past 12 months is the second-highest mark ever. "At the end of 4Q15, these companies had issued $517 billion in new debt, the second highest reading since 1985 ($574 billion was issued in the trailing 12-month period e...
US companies have issued a staggering amount of debt, but it's not a problem. At least that's according to Adam Parker, chief equity strategist at Morgan Stanley. In a note to clients Tuesday, Parker noted thatthe massive $517 billion in new debt issued by US corporations in the past 12 months is the second-highest mark ever. "At the end of 4Q15, these companies had issued $517 billion in new debt, the second highest reading since 1985 ($574 billion was issued in the trailing 12-month period e...
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