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Rich Pickings: Challenging the narrative on recession, inflation and rates

Fidelity Answers: The Investment Podcast

CHAPTER

The Effects of Credit Drying Up on US Companies

Small-cap companies still have a cushion. We've seen a few companies that have to refinance the sort of highlight the fact that interest costs are going up. But like I said, overall, when you step back and you look at the overall health of the US corporate, they are pretty good. You're always going to find the company that was too much leverage and entered the period with too much leverage. It's not something that can be seen across the system.

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