An article in The Economist stating that a recession will come (eventually) offers some interesting insights and metrics.
- One in 8 business in the developed world lacks the profitability to remain current on the interest expense it owes, which is up from 1 in 14 in 2007.
- 97% of firms in the S&P 500 report earnings with adjusted figures, which is up from 76% prior to the Great Recession.
- In the US businesses have borrowed more than households for the first time since 1991.
- Goodwill stands at a record $3.6 trillion for companies in the S&P 500.
Click on the link below for an interesting read.