Don't Let Rally Fool You: Commodity Firms Face Debt Cliff

If you think commodity producers are out of the woods as markets rally, here’s a reality check: many are still grappling to contain debt. Another year of belt-tightening hasn’t kept pace with an earnings slump after prices collapsed. One gauge of leverage among mining, energy and agriculture companies continued to rise in the fourth quarter and is more than double year-earlier levels. Bloomberg Canada's Managing Editor David Scanlan and Bloomberg's Danielle Bochove discuss. (Source: Bloomberg)

Bridgewater's Dalio Says U.S. Has a Large Wealth Gap
29:42 - Ray Dalio, founder of Bridgewater Associates, discusses his book "Principles: Life and Work," and talks about Fed policy, the wealth gap and U.S. politics. He speaks with Bloomberg's Erik Schatzker at Bridgewater's campus in Westport CT. (Source: Bloomberg)
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