Earnings yield will decline when they have to refinance the debt. Companies start cutting staff in order to boost income October 16, 2023 9:26 am by Alex https://twitter.com/Kacper_PK_CH/status/1713631923891745067 https://twitter.com/JustinRose/status/1713736857622651300 See also 1 in 9 public companies reverse-split their stock since 2024, and 77% of them were facing delisting. Some did it over and over.