The biggest red flag for the next recession? Corporate debt-to-cash ratios, top economist says
September 12, 2018 at 09:35 AM EDT
Ten years on from the crash of Lehman Brothers that heralded the Great Recession, market watchers are looking for clues as to where the root of the next crisis might lie. Steve Blitz, chief U.S. economist at TS Lombard, sees a giant red flag in corporate debt-to-cash ratios.