Saturday, 4 February 2017

Chart of The Day: A Sign of Things to Come? Bank Credit Growth Rate Tanks

1 comment:

  1. This helps explain recent falls in credit growth and could bring about further declines in money supply growth rate; according to Zero Hedge - Fed Loan Officers Survey Shows Demand Is Tumbling: "If ever there was proof that 'hope' is not a strategy, it is the 2017 Q1 Fed Senior Loan Officer Survey. Despite soaring confidence, spiking optimism, and striking gains in financial assets, demand for loans (from credit cards to autos to residential and commercial) have all plunged in the last 3 months... and lending standards are expected to tighten."