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Re: gfp927z post# 106258

Thursday, 06/01/2023 1:54:56 PM

Thursday, June 01, 2023 1:54:56 PM

Post# of 110386
It's likely bank specific and really depends on their portfolio. Same is true for insurance companies who've done a lot of commercial lending. The key for banks at this point is to do more high yield lending but many/most have tightened lending policies. I don't see this issue or the student loan issue or continuing high rates as a crisis but the combination of issues will surely slow the economy. Between student loans and revolving debt, Americans now have almost exactly $3T in debt for "stuff" many probably wish they hadn't bought.

The stock market is a device for transferring money from the impatient to the patient. - WB

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