by Danielle Park
Juggling Dynamite
Still stinging from the blame and lawsuits directed its way in the 2008 crisis, S&P Global Ratings agency is trying to get out in front of the default tsunami now rising in corporate debt markets around the world.
Already north of $50 trillion in 2015, corporate debt globally is expected to increase another 50% over the next 4 years driven by expansive monetary policies from central banks and value-blind buyers gobbling up risky assets. Here is the graphic courtesy of the Financial Times.