Swiss Economicblogs.org
The reversal of accommodative lending conditions and rising volatility mean we will stick to quality.While the US economy continues to grow, knowledge that we are late in the cycle means we are closely watching two developments of significance to credit markets: US corporate leverage and US Federal Reserve (Fed) rate hikes.Many indicators are pointing to rising leverage among US companies, be it the non-financial corporate debt-to-GDP ratio (which reached an all-time high of 46% in 2018), or...
Read More »2019 US credit outlook
