The rise of zombie companies: How are they affecting the US and Europe? | Part 2

Near-zero interest rates in the United States and negative rates in Europe, along with trillions of dollars in aid, are supposed to help economic recovery for countries amid the COVID-19 crisis. But these measures could also ripen the ground for zombie companies.

In part 2 of CNA's series on the "walking dead" of the business world, we look at how such companies are affecting the US and Europe. But could such zombie companies actually help keep inflation low and help the job market during a crisis? Jack McIntyre, portfolio manager for Brandywine Global, joined us on the show to explain why.

#COVID19 #coronavirus

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