More problematic by the week. Note the absolute level of c and I loans has been flat to negative since October: Annual rate of growth remains sub 2%: This is consistent with the weakening housing releases: This is consistent with weakening consumer spending: This is consistent with weakening vehicle sales: Corporate bonds are not picking up the slack- quite the opposite:
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More problematic by the week. Note the absolute level of c and I loans has been flat to negative since October:
Annual rate of growth remains sub 2%:
This is consistent with the weakening housing releases:
This is consistent with weakening consumer spending:
This is consistent with weakening vehicle sales:
Corporate bonds are not picking up the slack- quite the opposite: