How Does 2023 Go Down in Selling History? Mereo Principals Share These Reflections
Mereo
DECEMBER 21, 2023
This pattern is similar to what we saw in the 2008 / 2009 recession. Combined with a few high-profile bank failures early in 2023, this caused the credit market for small- to medium-sized businesses to largely freeze-up earlier this year. When they did not have that clarity, they froze.
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