Corporate Debt-to-GDP Ratio as a Stock Market Indicator
October 14, 2021 - Economic Indicators
A subscriber asked whether risk assets tend to struggle for about two years after low values of the ratio of corporate debt to Gross Domestic Product (GDP). To investigate, we use Non-financial Corporate Debt Securities and Loans as a proxy for corporate debt. Both debt and GDP series are quarterly, seasonally adjusted and have release… Keep Reading