Sam Ro, CFA on Substack: "The Fed’s new quarterly Senior Loan Officer Opinion Survey says lending standards have become tighter. https://www.federalreserve.gov/data/documents/sloos-202304-charts.pdf On one hand, tighter lending standards may have been exacerbated by recent turmoil in the banking system.…"

The Fed’s new quarterly Senior Loan Officer Opinion Survey says lending standards have become tighter. federalreserve.gov/data…

On one hand, tighter lending standards may have been exacerbated by recent turmoil in the banking system. On the other hand, it may also just be a continuation of what the Federal Reserve was aiming for with tighter monetary policy. “Tighter” has the same meaning in both of these sentences.

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📈 TKer by Sam Ro

Same destination, but now a more treacherous path 🚧

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May 9, 2023