Goldman says buy these companies that reduced debt amid the coronavirus crisis

A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020.

Companies across industries are forced to stretch their cash and issue more debt to keep operations afloat as the coronavirus pandemic guts profits. In this climate, companies able to reduce debt to maintain a healthy balance sheet are setting themselves up for outperformance, Goldman Sachs said.

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Publicly traded firms get $300 million in small-business rescue loansA relief fund for small businesses amid the coronavirus crisis has wound up helping companies with thousands of employees and past regulatory run-ins. “If it’s called “looting” when poor people steal groceries during a disaster, what’s it called when the Senate tries to smash and grab billions for corporate executives during a pandemic” ~Erin Ryan morninggloria Answer: Mitching GOPCorruption This underscores either Mnuchin's incompetence rolling out the plan or his corruption in planning the distribution of funds. A review of how many were Goldman Sachs clients should be in order. How could anyone approve the bulk of funds going to so few. Recoveries must be demanded See the ancs picture
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