Recessions Becoming Less Frequent | Torsten Slok's The Daily Spark | Apollo Global

> Apollo: "Recessions are occurring less frequently, see chart. For investors, this means full-blown credit cycles occur less often. Between recessions, i**nvestors should prepare for sector-specific cycles**, such as the **current downturn in software**, where one or two subsectors face distress while the rest of the economy is fine. **The bottom line is that credit opportunities arise not just during recessions,…