Is This 2008 All Over? One Sign: Banks Are Cutting Lending
04/17/20 • 22 min
Back during the housing crisis banks responded by drastically cutting lending to consumers. A recent Barron's piece details how banks are beginning to make the same moves today. So far it's on a much smaller scale, but today Joe and special guest co-host Kristin Wong will rewind the clock back to that earlier crisis to glean lessons we can learn today.
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Back during the housing crisis banks responded by drastically cutting lending to consumers. A recent Barron's piece details how banks are beginning to make the same moves today. So far it's on a much smaller scale, but today Joe and special guest co-host Kristin Wong will rewind the clock back to that earlier crisis to glean lessons we can learn today.
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