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A Wall Street economist has uncovered a new and improved way to see a stock-market crash coming — and he warns the alarm bells are already going off

on 3/22/2019
  • Junk bonds — which make up the riskiest class of corporate debt — have often tipped off investors about future downturns in the stock market. But one expert says it's not likely to do that anymore, and he's found an alternative.
  • Takahide Kiuchi, executive economist at the Nomura Research Institute, says the next-riskiest group of bonds — those just barely investment grade — have become more useful for gauging an imminent equity sell-off. And he says they're flashing danger signs now.

Full "The Business Insider: The Money Game" article

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