Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
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Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
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As of August 2016, 113 companies have defaulted worldwide, according to Standard & Poor's Fixed Income Research. The figure is the highest for a year since 2009, the time of great recession. in 2009, 208 companies defaulted.
If the number of defaults is any indication, then a crisis could be looming ahead and this time, it could be surrounding corporate debt.
