Sony Kapoor, Columnist

10 Years After Lehman, Four Big Risks

Banks are more stable, but everything else looks wobbly.

Still bullish?

Photographer: John Moore/Getty Images

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It is a decade since Lehman Brothers collapsed and the time of year when the markets are worried about another "summer surprise." No two market shocks are identical, and no one has yet mastered the timing of market crashes. However, knowing where vulnerability lies makes for better risk management, and maybe more carefree vacations.

There are four main areas of worry that, taken together, suggest the global economy may be in a more fragile place than it was even at the eve of Lehman’s demise a decade ago.