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[$$] Gathering Threats Stir Doubts About Auto Sector
In the current period of modest but steady global growth, financial distress has tended to concentrate in two sectors: retail and energy. In a recent survey of restructuring experts by the global consulting firm AlixPartners, about a third of respondents named autos as one of the three most likely sectors to face distress in 2019, an increase of nearly five times from a year earlier. Retail and energy were the only sectors named by more respondents.
https://finance.yahoo.com/m/5c8da41...7a/[$$]-gathering-threats-stir.html?.tsrc=rss
In the current period of modest but steady global growth, financial distress has tended to concentrate in two sectors: retail and energy. In a recent survey of restructuring experts by the global consulting firm AlixPartners, about a third of respondents named autos as one of the three most likely sectors to face distress in 2019, an increase of nearly five times from a year earlier. Retail and energy were the only sectors named by more respondents.
https://finance.yahoo.com/m/5c8da41...7a/[$$]-gathering-threats-stir.html?.tsrc=rss