What Kept Zombie Companies Alive?

Job openings may vanish as companies cut hours before resorting to layoffs. Some businesses, known as "corporate zombies," are surviving by refinancing debt. However, the rising cost of debt refinancing is evident in commercial real estate, with people and investment funds walking away from properties due to impractical interest-only loans at higher rates.

Watch more of this short video from Signs Of Trouble Everywhere Despite The Market's Exuberance | Mike "Mish" Shedlock.

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