This is assuming interest rates will stay artificially low (Jerome Powell said this will likely be the case).

@Jerome Keizer just wanted to put in my 2 cents on the title of the thread.

@Jerome KaidorI think @Jay Hinrichs was speaking from the point of asset protection and risk mitigation.

Well said Todd Powell

Bad companies did’t perish but left to survive like zombie companies that can barely make their interest payments on their debt.They failed to start raising rates in 2013-2016 when they should have, forcing powell to raise rates towards the end of the cycle, leaving us where we are.