Where Are We in The Credit Cycle?

By Edward Altman of the CFA Institute

Dr. Edward Altman, inventor of the Altman Z-score, outlines where we are in the Credit Cycle thanks to the CFA Institute and their Enterprising Investor blog.

An excellent focus on the facts and historical perspectives without meaningless references to ‘what inning we are in.’

"At the midpoint of 2019, all four signals indicate we are still in a benign credit cycle, one that, assuming 2016 was an energy industry anomaly, has just finished its 10th year. That’s the longest by far of any benign cycle in the history of modern finance."

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Where Are We in The Credit Cycle?

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