These Are The Industries Most Reliant On Bank Lending

Tyler Durden's Photo
by Tyler Durden
Thursday, Mar 30, 2023 - 02:40 AM

While any group of three Wall Street analysts will have at least three opinions about when the next recession will strike, there appears to be uniform agreement about one thing: the current bank crisis will lead to a severe credit crunch as a result of the deposit runs and reserve shortages across small banks...

... which in turn will lead to an even sharper tightening in credit standards, which is a problem because as we reported in February, well before the current bank crisis, "Fed Loan Officers Paints Dire Picture: Loan Standards Approaching Record Tightness As Loan Demand Plummets."