Credit has stabilised in the UK after the shock in Q4. Any new credit crunch is likely to be isolated. However, inverted curves cut bank margins, discouraging lending, so they can be self-fulfilling.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.