- Cash assets rose for the first time in five months. The jumped represents 13.5% total bank credit. This is just a shade below the early 2010 high.
- Business & commercial, real estate (including home equity and commercial real estate loans), and consumer loans continue to contract.
- The Fed, desperately trying to restart credit creation, sees these trends. Liquidity injections, either official or unofficial programs, will continue as long as these trends continue to deteriorate.
Breakdown of Total Credit At All Commercial Banks:
0 comments:
Post a Comment