NY Fed on corporate leverage:
NY Fed on corporate leverage: "Looking ahead, we find that a sizable share of U.S. corporations have interest expense greater than cash flow, raising concerns about the ability of those corporations to endure further liquidity shocks."https://t.co/K9SqSCswwU — Brian Chappatta (@BChappatta) August 10, 2020 Zombie companies' YTD returns have essentially closed the gap to the S&P … Read more