Fed’s QT Ghosts Are Haunting Powell
Bloomberg Businessweek
00:00
The Demand for Loans in the Corporate Market
The majority of businesses are well positioned even with continued rate hike expectations over the balance of this year. So we've seen companies as a result of the inflation pressures really try to raise cash out of working capital. And I think one of the key differentiators this year is going to be what's the expectation on the recovery from those defaults, which we believe will be substantially lower than the historic average.
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