6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP478: Market Cycle Masterclass w/ David Stein

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

What Is the Credit Cycle?

The credit cycle is the ability or willingness of households and businesses to borrow money. It feeds into corporate profits, the credit cycle does. As interest rates go up, less people want to purchase houses take out a mortgage. And so everything comes down to very much the credit cycle because it's the credit cycle that shows up as that exuberance for that fear.

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