Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bucky Katt who wrote (7053)	11/20/2000 10:49:16 AM
From: KM	Read Replies (1) of 13094

OT - One more interesting comment on this subject (sorry, Jim, this is where I find this guy <G>) Credit crunch 11/20/00 10:19 AM ET There is a great piece, Crunch Time, this morning from Morgan Stanley's Richard Berner that you can read on the Morgan economics site -- msdw.com (it's free, but you have to register). Outlines how banks are getting more stringent in their lending standards to businesses. We've seen IPO money dry up, we've seen high yield spreads blow out, and now we're seeing the banks get tougher (and after that Sunbeam fiasco, that seems healthy). The upshot is companies' access to capital has tightened significantly. One telling bit from Berner's report: "The Fed's November Senior Loan Officer survey on bank lending practices fairly bristles with caution. 'Over the past three months, large fractions of foreign and domestic banking institutions - 80 and 44 percent respectively - reported tightening lending standards for C&I loans to large and medium-sized firms, and many respondents tightened loan terms as well,' the Fed reported. 'Over the past year, domestic banks applied tighter standards and terms most aggressively on C&I loans intended to finance mergers and acquisitions (M&As) as well as to new customers seeking loan commitments.' The percentage of respondents tightening both standards and terms is larger than at any time since 1991

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next