What Q3 investment banking trends reveal about the economy
Briefly

"Rates went from 0% to 4% and 5% very, very quickly, and that was a period of a lot of adjustment, making it very difficult for CEOs and CFOs to make long-term decisions," said Borthwick, explaining the initial challenges post-pandemic. With the recent shift in rates, he sees a more favorable environment for businesses to plan long-term.
"A higher but stable interest rate environment provides more certainty, allowing business the ability to do more long-term strategic planning," noted Mark T. Williams, indicating why investment banking activity has picked up as conditions become clearer for businesses looking to the future.
Read at Fortune
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