Corporate financial health to worsen, says Janus Henderson
LONDON - Corporate financial health will worsen across the globe this year, failing to gain respite from signs that inflation has peaked and hopes for an economic soft landing, asset manager Janus Henderson said in a report released on Monday. Its global credit risk monitor's indicators - debt loads, access to capital markets, cash flow and earnings - all flashed red in the fourth quarter of 2022, signaling caution to investors. The firm, which manages around $275 billion in assets, expects earnings growth to weaken in 2023, with energy and input costs eroding companies' cash flows. While companies' financial metrics have been resilient so far, the second half of 2023 is when co...Keep on reading: Corporate financial health to worsen, says Janus Henderson
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