US ‘credit crunch’ has started – Morgan Stanley

Apr 18th 2023 9:00am EDT

A chief strategist of the Wall Street bank has pointed to a big drop in lending amid tightening standards The collapse of Silicon Valley Bank (SVB) and the ensuing banking crisis have triggered a credit crunch in the US, claims Morgan Stanley’s top stock strategist Mike Wilson. He pointed to data that shows a tightening […]

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