Peter Berezin’s US Consumer Reality Tour, Exhibit #3
Banks are tightening lending standards for consumer loans. The correlation in the chart below suggests that loan growth will be negative by the second half of this year.
Peter Berezin’s US Consumer Reality Tour, Exhibit #3
Banks are tightening lending standards for consumer loans. The correlation in the chart below suggests that loan growth will be negative by the second half of this year.
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