Now Baltic and Mediterranean may be the best value on the board because they have not overleveraged
Moreover, a net 17% said corporate balance sheets were overleveraged
, the highest since April 2009, according to BofAML.
Dampened global demand and an overleveraged
economy means that the Chinese economy is slowing down, and has been for the past 2-3 years.
Transactions at risk include those that require large amounts of foreign exchange offshore and those that are from overleveraged
companies or companies that rely heavily on domestic debt financing.
This economic slowdown will lead to modest increases in new problem loan formation, particularly in the overleveraged
small and mid-sized company (SME) and retail (loans to individuals) segments.
Interest rate rises in 2016 and onwards will significantly impact consumer spending on vehicles given that UK households remain highly overleveraged
and the car market has become very reliant on auto loan-financed purchases.
Having earlier resisted the charms of Energy Transfer -- and taken on two activist investors amid an underperforming stock price -- Williams finally succumbed to an overpriced, overleveraged
offer last September
7 percent in April, "as many of the maturing loans written at the height of the market had difficulty refinancing because they remain overleveraged
However, budget surpluses mask the precarious condition of public finances, with rising contingent liabilities stemming from overleveraged
and unprofitable state-owned enterprises posing a significant risk to the sovereign balance sheet.
Another problem currently facing the banking sector is overleveraged
retail lending and the deepening of debt.