These indebted companies do not do enough to cover even their interest payments. This is never a good sign.
The number of zombies in advanced economies last year amounted to 536, or 13% of the total, according to Bank of America Merrill Lynch.
This is a surprising figure, given that the global economy In fact, the number of zombies is not far from the peak of 626, observed in the depths of the Great Recession, said BofA.
"Last time, it was easy to be a zombie because everyone's profits collapsed," said Michael Hartnett, chief investment strategist at BofA
So what apology is this time? "Economists blame the era of extremely low interest rates
The Federal Reserve holds interest rates near zero for almost a decade and pumped its balance to 4.5 tons Leona dollars.
"The central banks have pushed interest rates to zero. No one can go bankrupt, "Hartnett said.
Bad use of resources
 Money lending, especially at affordable prices, is not a bad thing at all. Adding debt allows companies to invest in the future by building new factories, purchasing equipment, hiring workers, and studying next-generation products. money helped inspire life on the world stock markets, inspiring confidence on the way
But the zombie companies are wasteful.
"You keep companies on the surface that should not be in business," Hartnett said. "These businesses use resources – such as capital or labor – that could be used more efficiently elsewhere."
In order to stay alive, zombie companies demand ever larger amounts of capital. They should often take advantage of the capital markets for more than it.
This is not just a post-crisis problem.
The BMI document found that the presence of zombies has been "enhanced" since the late 1980s, a period of persistently low interest rates. While only 2% of the companies in advanced economies were zombies in the late 1980s, the authors argue that the figure has risen to 12% in 2016. And instead of recovering or getting out of the zombies by bankruptcy, companies are today tend to stay longer. The phenomenon is not healthy because it sucks the rest of the resource economy. But this can not become a problem until interest rates remain low.
Catches would be if the historically low unemployment rate in the US and the shortage of skilled workers have made wages grow rapidly. This will force the Fed to resume aggressive interest rates.
"If inflation starts surprise, then these zombie companies suddenly have a much bigger problem," Hartnet from BofA said.
2. Job Report: The US employment report for March comes on Friday and will give a better idea of how much wages are increasing. huge jobs have been rising in the months before. Economists will monitor whether this is a one-time case or part of a wider trend.
There is some concern that the February figures are a sign that the economy is depleting the available workers after 101 consecutive months of job growth. 3. Debate on Brexit: Britain's lawmakers rejected for the third time talks with Brexit of Prime Minister Teresa May for the third time in the political and economic uncertainty of the country.