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Transcripts For BLOOMBERG Bloomberg Real Yield 20240713

Lets get straight into some of these burning issues. With me, bloombergs allison, lisa, and jason kelly. Lets start with allison. Investors have debated about how to invest in this years piling debt, given the u. S. Economy is ok. Lets hear what marathons Bruce Richards had to say. Bruce we are starting to see a negative quarter, this past quarter of Earnings Growth being negative, and i think we will see a couple more quarters of that in the early part of 2020. And when earnings go down, that is going to be a very key point for some of these companies that are so over levered when they have lower earnings and meanwhile, have to service this heavy load of debt. Lisa you have been covering the distress we have been seeing. Talk about how much there has been so far this year. So in november, we saw the supply distress debt hit 126 million, the most since august 2016. And really, the highest of this cycle. Historically speaking, that is really not that much in the grand scheme of things c

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