AT&T is one of the most leveraged companies on the planet, accompanied by GE. T is getting hit by record level retirement and pension pressures and are able to keep their heads above water due to borrowing rates being near 0%. With inflation rates hitting record highs, the Fed will be forced to raise interest rates at some point. Corporate debt at T and GE levels will become unpayable and you may see a quick spiral to insolevency from there. Perhaps none of this happens but its too close for comfort.
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This board has a large number of economic illiterates.
"Regarding pension, the recent asset returns are quite strong. "
What stupidity. The Rat shoveled $10B of T Wireless Tracking Stock in the pension plans back in 2012. Yeah, that asset return is really, really strong. HR is opining again.
OP is correct.
Go back to sleep Stankey.
You do realize that it's term debt, right? Inflation shrinks what T owes in real terms.
Regarding pension, the recent asset returns are quite strong. The only "pension pressures" appear to be those in your mind