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Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts

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By Sarah Ponczek, Anchalee Worrachate, and Laura Benitez Ann Pettifor Tweet:  The leveraged debt... usually ends up in ..(our) mutual & pension funds & insurers attracted by  high yields. Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts

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Ann Pettifor Tweet:

 The leveraged debt... usually ends up in ..(our) mutual & pension funds & insurers attracted by  high yields.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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