How to Profit While These Zombie Companies Still Roam the Earth

What a shock - the Fed didn't raise interest rates last week. Its next chance is in December - we'll see if it chickens out then, too. You can count on markets to obsess over the possibility of a rate hike for the rest of the year. Anything to keep the free money hose on full blast. But this obsession with rate hikes means the markets are missing a critical component of the big picture - corporate credit quality. It's really in horrible shape, but eight years of zero interest rates have helped to disguise that fact, and these companies aren't advertising it to shareholders. Now that the Fed is contemplating raising interest rates, their disguise could be ripped off. The truth is, "Corporate America" is far more leveraged now than it was on the cusp of the financial crisis. That isn't even their biggest problem, but it could be a huge opportunity for investors with the intestinal fortitude to follow through on this... Tags: Stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How to Profit While These Zombie Companies Still Roam the Earth appeared first on Money Morning - We Make Investing Profitable .