Oz Blog News Commentary

UBS: Credit shock building

December 6, 2018 - 14:38 -- Admin

UBS’ Jonathon Mott is out with more today on the mushrooming credit crunch: The banking sector is facing a period of substantial and sustained earnings pressure which is likely to last several years. The risk of the current credit squeeze turning into a credit crunch is real and rising, with the housing market now falling

The post UBS: Credit shock building appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]