2min chapter

Bloomberg Businessweek cover image

Bridgewater Exits Dalio Era With Revamp

Bloomberg Businessweek

CHAPTER

Is There a Good Side to COVID?

We had $18 trillion of negative yielding debt at its peak. Today we have zero. Unbelievable. If there is a good side to this, it's that corporate America was smart about their balance sheets and banks aren't overleveraged. The consumer is still reasonably strong, although credit card debts are starting to rise. But they're stronger than they've ever been at this moment.

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