Falling oil price? Time to bet on cement, tyres: Chakri Lokapriya
The Credit Suisse and SVB banking issues are causing some nervousness in the market, as the consequences of a lack of lending to small and medium businesses could have a domino effect on the global financial market. Regional banks play a very important role in the SME lending of the US, and if all those companies are to see a credit crunch, the recession that the US, the Fed wanted, is probably going to happen in an unruly way.