Credit is tightening and it would not be eye-deceiving to suggest that a 2018 credit squeeze, similarly to the one experienced almost a decade ago in 2008, is a potential black-swan meandering the lake of risk. A credit squeeze could be imminent, according to market watchers who follow the “credit cycle”, which is the phase of access to credit by borrowers. The beginning of a credit cycle is characterized by funds being relatively...
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