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RE: Does the AT&T-Time Warner Merger Signal A Market Top???
I remember that AOL deal and what came after is similar to the pain being seen in the Crypto space! I think it coukd mark a turn point for the stock market as the debt load being taken on by AT&T is huge and will increase the risk of its balance sheet if the assets do not perform accordingly.
Yes, cheap debt will cause havoc on the debt laden companies as interest rates continue to rise.