The Credit Crunch is Here
The Macro Trading Floor
The European Central Bank's Press Conference on Targeted Lending Growth
The equivalent of the loan officer survey in the US in Europe looks, if not outright Apple's moulden at least very bad. So this is significant. Well, I mean, at least the conditions start to favor a higher risk of the good old fragmentation bets again. Now that liquidity will dwindle to the pace that it will from June and onwards.
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