Evidence is mounting that we're hurtling head-first into a recession
An increasing amount of evidence is piling up to suggest we're headed for an economic recession.
UBS estimated in September that there was a record $4.3 trillion in lower-quality corporate loans and high-yield bonds.
Economic data is pointing downward and investor sentiment is turning negative.
Driving the news: Perhaps most worrisome is the massive pile of highly leveraged debt that continues to grow. Bank of America-Merrill Lynch's monthly survey of fund managers finds that, for the firs
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