Singapore
32.1°C
Cloudy / 32.1°C
Thu / 29.8°C
Fri / 31.2°C
Sat / 31.5°C
pm
4:26
All the News in one place from Singapore
More than 50 news sites, more than 1000 pieces of news daily
Mohamed El-Erian warns the Fed supporting junk bonds could eat away at ‘what makes America special,’ and create a new generation of ‘zombie companies’
(May 05 17:29) Businessinsider.sg
Mohamed El-Erian told CNBC on Monday: "The Fed opened up the high-yield market for almost everybody and that raises the specter of zombie companies."
You can find the original article
here
Share Mohamed El-Erian warns the Fed supporting junk bonds could eat away at ‘what makes America special,’ and create a new generation of ‘zombie companies’ on your favourite social media
Facebook
Twitter
Google +