Hike and Pause: What the Fed Decision Means for You
Real Vision: Finance & Investing
00:00
The ECB's Expectations for Credit Contraction
Every single credit contraction in history has led to a recession. It typically takes roughly six months from title standards are being implemented at banks until you actually see the credit contraction. And on typical correlations, as of what we know today, we should expect a credit contraction in between five and 10% of the total balance sheet size of the US banking system.
Play episode from 43:07
Transcript
