ilmscore | PREPARE: More Bankruptcies Are Ahead

PREPARE: More Bankruptcies Are Ahead

Published: 2024-04-27
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
Businesses will face significantly higher debt servicing costs in 2024 and 2025 as their existing debt readjusts at current higher interest rates.
"businesses have to now pay the higher debt servicing costs because that debt readjusts in 2024 or 2025 and if interest rates are a lot higher like they are today than they were a few years ago well that means the business is going to have to pay much higher cost to service the debt"
Debt Servicing Costs
Pending
Corporate debt taken on in 2020-2021 is starting to mature in 2024, with more scheduled to mature in 2025.
"that debt isn't a 30-year fixed day mortgage this debt is starting to come due in 2024 more of it is going to come due in 2025"
Corporate Debt Maturity
Pending
Businesses will face significantly higher costs to service their debt due to the current higher interest rates compared to a few years ago.
"if interest rates are a lot higher like they are today than they were a few years ago well that means the business is going to have to pay much higher cost to service the debt"
US Corporate Debt Servicing Costs
Pending