Edward Altman on Enterprising Investor writes an article called: Where Are We in the Credit Cycle? I found this article interesting.
I have now read a couple of authors who think that the next recession will not be a severe as the 2008 one, but will last longer. He talks about both benign credit cycles and stressed credit cycles.
On my other blog I wrote yesterday about Bank of Nova Scotia (TSX-BNS, NYSE-BNS) ... learn more. Next, I will write about National Bank of Canada (TSX-NA, OTC-NTIOF) ... learn more on Friday, January 17, 2020 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.