Expansion On Paper. A Squeeze Underneath.
A factory index above 50 reads as a growth signal, but hiring is still contracting and input costs are still high. Why financing sized to the headline misreads a margin story as a volume story.
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credit conditions
2 insights
The Rate Cut Your Capital Plan Is Counting On Is Not Coming
The 2026 rate cuts your capital plan assumed are gone. The Fed is on hold, banks are tighter, and capital has shifted to private credit. How to structure financing for the rate environment that actually exists.
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