2 ms·
The only fundamental concern is corporate debt. Repayment of that implies healthy levels of demand. Coronavirus is wiping demand, but not supply. Lower revenues
by JMTQp8lwXL 7y ago
The only fundamental concern is corporate debt. Repayment of that implies healthy levels of demand. Coronavirus is wiping demand, but not supply. Lower revenues might make corporate debt go belly up, which would have cascading effects on markets.