Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The liquidity squeeze in the credit markets has abated to some extent. Narrowing credit spreads, declining inflation rates and robust employment have reduced pressure on lenders and debt portfolios temporarily. Impending actions by federal banking regulators will inhibit lending activity by the banks. Nonbank lenders will take advantage of weakened bank competitors.
Complete content is available for a $15 monthly subscription. Click here to subscribe:
The Rabid Capitalist 
Leave a comment