Walgreens and 37% of U.S. Companies in BIG TROUBLE!

Federal Reserve economists just said a historic surge in the percentage of distressed American companies could worsen the fallout from the US central bank's fight against inflation. The percentage of troubled US firms stands at about 37%, the pair of researchers said. That could lead to the Fed's rate hikes having some of the most devastating effects of any of its tightening cycles over the past four decades.

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