Excess Returns cover image

A Tour of the Macroeconomic Landscape with Bob Elliott

Excess Returns

00:00

Income-driven cycles vs credit dynamic downturns

Self-reinforcing downturns often stem from credit dynamics reaching a limit and subsequent sharp reduction in spending. Conversely, income-driven cycles influenced by higher interest rates can prolong the cycle over years before significant impacts unfold.

Play episode from 22:52
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app