Trick or Treat: Which assets will rise from the dead?
Many Happy Returns
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Will Zombies Ever Die?
Zombies are companies that really shouldn't still exist, but we do because they can't service their debt. The claim is that the number of zombie companies in the economy has just surged. There's way more of these companies than there used to be. And now's the time when it's more likely because A, an economic soft patch and B, interest rates have doubled.
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