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Market slide puts focus on companies’ balance sheets

stock prices hand typing

Stocks of companies with a lot of leverage could be hit hard if a credit crunch develops, analysts say

The market meltdown is forcing equity investors to confront worst-case scenarios they normally delegate to colleagues in credit: Which companies can survive a slowdown, and which are teetering toward extinction?

The urgency of the assessment is a sign that stock managers have entered survival mod

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