Retail and the credit cycle

Retail and the credit cycle

Predicting where we are in the global credit cycle is something analysts, economists and financial journalists can't seem to agree on. What is mentioned even less, or at least isn't accorded sufficient weight, is how a turn in the cycle could affect the retail sector, acting as a 'silent killer' when headlines are dominated by Brexit-induced scare stories about general consumer sentiment. In this week's sector focus, we're looking at what the reality would be should the current credit environment turn, and which retailers might best survive a marked contraction in discretionary spending.

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