credit crunch

Morgan Stanley Global Balanced Funds co-CIO Jim Caron reportedly said although he expects a credit crunch to occur, it would happen over a long period of time and not pan out as a sudden shock. What Happened: "There’s going to be a credit crunch, not a credit crisis. But that credit crunch is...

It took years for the global market to somewhat stabilize after the 2008 financial crisis shook the world up. Obviously, corporations, banks and individuals are vying for such an event to never take place again. However, one can't help but wonder if it's the quiet before a storm....