Increasing states’ debt not harmful to stock market ― Analysts

Increasing states’ debt not harmful to stock market ― Analysts

Feyisayo Popoola Capital market analysts have said the increase in the debt stock of states is not detrimental to the performance of the nation’s equity market. Data from the Debt Management Office on Thursday showed an increase in the domestic debt stock of the states and the Federal Capital Territory as of June 30, 2018. […]
Source: Increasing states’ debt not harmful to stock market ― Analysts

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