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Signs of life on the credit market

Is this the sign of life of we’ve been waiting for? The New York Times is reporting a sliver of movement in the lending markets following signs of life on the stock market last week. After blogging yesterday about a freeze-up in lending to small businesses, perhaps a certain confidence in the stock market will change banking attitudes towards all overall lending. We will wait and see. At this stage, we’ll welcome any positive sign.

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