Is The US Credit Cycle About To Get A New Lease On Life?
Is The US Credit Cycle About To Get A New Lease On Life? | ZeroHedgeA drop in bankruptcy filings suggests that credit conditions are improving, despite a downturn that was looking almost inevitable last year.
As long as growth remains in a cyclical upswing, the path of least resistance for credit spreads is likely to be further tightening.
Tom
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