Source: http://moslereconomics.com/2017/07/07/credit-check-30/
Let's look at commercial and industrial loan growth over the past 12 months -- 9.5% to 2% drop in one year
Next, what about real estate loans. We here that is going great. The past 12 months growth has dropped from 7 to 4% grwoth
Next Commercial Bank -- ALL consumer loans -- lets remember that consumer drive 70% of economy.
We see that consumer loan growth rate is cut in half -- from 8% to 4%
So we now look to the Commercial Real Estate Market-- how is that holding up the past 12 months. Not as bad -- only a drop from 11.5 to 7% growth.
What do these charts tell us. They show us that the consumer is "tapped out" growth is slowing dramatically. The charts source is the Fed Reserve Board, so the data is presented without prejudice. Maybe it takes time for the markets to react. Mike Maloney does a great job in going through these charts on his latest YouTube.
What are your thoughts...? Do you see the same...do you see a market and business cycle slow down?