They have grown in a time of low interest rates and narrow credit-spreads (an extra yield over government bonds to offset risk).
They also narrowed credit spreads on private assets, boosted the stock market, weakened the currency, and reduced real interest rates by increasing inflation expectations.
"Magic Mike" and "Rock of Ages" both took advantage of generous subsidies in Florida, while "People Like Us" was among a handful of films that were partly underwritten by a narrower credit from California.
Beyond widely diverging figures between its reported net loss and operating profit stemming from accounting treatment, the bank suffered a $1.7 billion hit to its revenue from an another adjustment, due to the narrowing credit spreads from perceived improvement in those financial stability.
Thrifts are another group that will benefit from improved liquidity, narrowing credit spreads and a positively sloped yield curve.
The public's mood is to notice anything bad (like 10% unemployment) while dismissing anything good (like narrowing credit spreads) as not credible.
Career options will eventually narrow, or credit will become insanely tight.
Do you see any sign that that is going to narrow, where credit is going to naturally start to flow again?
Then he looked at the narrow qualifications full credit only available to firms with 10 employees or fewer, average wages of $25,000 or less, and the employer pays at least 50% of the premium and dropped the card in the trash.
Mr. Obama isn't opposed to narrow tax credits, but his agenda isn't organized around them.
