The Federal Reserve has already given up their “hawkish” stance, and interest rate increases will stop — so that will help them. A rapid rate rise for rolling-over debt will not crush corporations, at least in the short-medium term.
Nonetheless, corporate America, and the American economy, has been on a debt binge.
The biggest companies have many options. They can halt share buybacks, they can cut the dividend, the can reduce capex, or they can even start selling all the shares they bought back.
The large companies issued commercial paper at a fixed rate. Their interest rates will not go up until they have to roll it over. This will happen over a period of years, and they will have time to adjust.
Well, they might avoid bankruptcy if they stopped issuing propaganda for the globalists that counters the Judeo-Christian societal elements of Western Civilization.
I miss Walt Disney. The original.