🔥ATTENTION🔥
🚀CREDIT is becoming MORE ACCESSIBLE for American BUSINESSES
👉This is something that DOES NOT HAPPEN during RECESSIONS
What does this mean for the MARKET⁉️
🔹Increased ACCESSIBILITY to CREDIT is GOOD for the market for several reasons
🔹It increases the amount of MONEY in circulation, allows BUSINESSES to expand, and enables them to HIRE MORE EMPLOYEES
🔹When credit becomes more EXPENSIVE and difficult to OBTAIN, the economy often enters RECESSION.
🔹Recessions typically cause an AVERAGE FALL of 30% in the SP500
What is the current situation⁉️
🔹Small businesses say it is easier to obtain credit than a year ago.
🔹A marked improvement in credit availability is a positive economic sign, which is not often seen before recessions.
📍Furthermore, if the INTEREST RATE continues to be REDUCED as expected, credit will become EVEN MORE ACCESSIBLE and CHEAPER
