Report
Peter Warburton
EUR 570.00 For Business Accounts Only

This credit cycle is showing signs of fatigue

The gradual weakening of global credit metrics, particulary in real terms, poses a material threat to the global economic expansion in 2018-19. Central bankers often speak as though this is the beginning of a cyclical upturn: far from it. A fast-maturing credit cycle is about to tighten credit conditions more abruptly than policymakers or investors expect.

Provider
Economic Perspectives
Economic Perspectives

Economic Perspectives is a trusted provider of global macroeconomic and financial research with clients in North America, Asia and the UK.

EP research weaves complex and diverse information into coherent macro narratives, providing clear analysis and original market insights for global investors. Our clients benefit from our long experience in connecting economic developments with the credit and financial market outlook.

The analysis of developments in global private sector credit markets is fundamental to our understanding of the global economic and financial outlook. However, the actions and interventions of central banks and government have become increasingly important to our economic assessment.

For several years we have maintained that the only credible resolution of the 2008 global credit crisis is a resurgence of global inflation. We take an eclectic approach to the inflation outlook, considering political and socio-economic factors alongside macroeconomic drivers. We provide the multi-dimensional appraisal of the inflation outlook that is critical to formulating a successful investment strategy, at a time when inflation complacency is rife.

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Analysts
Peter Warburton

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