THL Credit (TCRD) is an externally managed closed-end investment management company operating a loan portfolio consisting of debt to mostly lower middle-market companies. As several indicators are suggesting that general economic conditions are worsening, the company's shares are likely headed for further downside.
Market situation breakdown
Being a third-party observer of the financial markets has a certain advantage. Despite the famous saying ''If you are not in, you are out'', standing outside or on the sidelines can give you a chance to see the bigger picture. This article should serve readers
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