No. of Recommendations: 8
S&P 500 firms are 6% floating debt. For the Russell 2000 the figure is 30% floating.
Granted, I'm still on my first cup of coffee, but I had to parse this sentence a few times.
A brief PSA for anyone whose brain is equally sluggish on a cold pre-dawn wet winter Monday, I think what Jim is saying is "Of the total debt burden borne by S&P 500 companies, only 6% is floating debt, whereas for Russell 2000 companies, 30% of their total debt burden is floating"
-- sutton
off for a refill
