Is the banking crisis truly over? There is still a lot of fear, uncertainty, and doubt left in the markets. David Stryzewski says that the cost of capital has changed the U.S. economy. Lending requirements are getting tighter and there is over $3T in debt that needs to be renegotiated in 2023 through corporations. This is concerning as there were many IPOs and venture capital money that were going into SPACs. Could there be an earnings recession in the next few months?
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