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."t.co/K9SqSCswwU
— Brian Chappatta (@BChappatta) August 10, 2020
— Ben Breitholtz (@benbreitholtz) August 10, 2020
— Robert Burgess (@BobOnMarkets) August 10, 2020
This is the original link, 1.3m views.
— Richard Werner (@scientificecon) August 9, 2020