As the financial markets become more volatile, big investors are seeking safer havens. Their pick? The bonds of giant, stable corporations. This could leave small and medium sized companies out in the cold. We talked to Jeff Meli of Barclays about the domino effect that could ripple through the economy if smaller businesses experienced a credit crunch.
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Feel-good end to 2012
Two surveys out today have spenders and scholars upbeat about the health of the U.S. economy, for now at least.
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A coming credit crunch?
We talk a lot about the stock market, but the real lifeblood of U.S. companies is the corporate bond market, which is twice as large.