Ready to uncover some startling revelations about the U.S. economy? Join us as we welcome Megan Horneman, the Chief Investment Officer for Verdence Capital Advisors, in a riveting discussion about the Federal Reserve Senior Loan Officer Survey. Megan points to some concerning data, like the increasing number of banks tightening their lending standards for both large companies and small businesses since the pandemic began. She reveals that the current lending conditions are now worrisomely similar to those of the Great Recession.
But that's not all. In this deep dive, Megan also highlights the decline in demand for commercial and industrial loans, painting a somewhat grim outlook for the future. She emphasizes that these tight lending conditions do not immediately impact the economy, but rather have a delayed effect. So, as we brace ourselves for what might lie ahead in the second half of the year, this episode is a must-listen for anyone interested in understanding the potential economic challenges that may arise due to these shifting lending trends. So, don't miss out on this enlightening discussion with Megan Horneman.
https://youtu.be/S6gX9DyAJks
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