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3 Things in Credit: September 30, 2022
This week, our 3 Things are:
1. Wealth effect. It’s real, and it’s been a big part of the consumer’s willingness to spend. Now, it’s falling.
2. The default cycle. We’ll dimension what this upcoming one looks like.
3. Volatility and financial stability.
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By KBRA
5
1717 ratings
This week, our 3 Things are:
1. Wealth effect. It’s real, and it’s been a big part of the consumer’s willingness to spend. Now, it’s falling.
2. The default cycle. We’ll dimension what this upcoming one looks like.
3. Volatility and financial stability.
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