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BASIS POINTS: HSBC Survey Reveals Positive Global Trade Outlook

October 23, 2009

by Karen M. Kroll

in

Small and midsize business owners worldwide are feeling increasingly positive about the state of global trade, according to an HSBC survey. One area for optimism: A majority of respondents expect access to credit to either remain the same or increase.

Small and Medium-Size Business Owners' Outlook (Slightly) Positive | Source: The Big Fat Finance Blog.

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Access to credit will need

On October 25th, 2009 Nate Kragness (not verified) said:

Access to credit will need to increase before this will indicate a positivity in the marketplace. Economic growth hinges on availability of credit, and this cannot happen until credit standards are relaxed and money is made available for capitalistic ventures. Access to credit will need to increase before the global trade outlook can be considered positive.