US Stock Futures Rise as Markets Await July Payrolls Data 
US Job Growth Seen Picking Up in July 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
Higher leverage was one of the influential factors in the great recession of 2008/09. This chart from Bank of America Merrill Lynch shows that not much has changed. While some would like to blame the commodities decline to be behind the woes in the High-yield debt market, this chart clearly shows that even excluding the commodities, the leverage (net debt/EBITDA) is at all-time high.
