...then we are officially @#$%ed.
Credit growth (in red) is slowing.
Savings growth (in blue) is slowing.
Without either of those two, I guess we'll just have to rely on wage growth. Good luck on that one. Sigh.
This is not investment advice.
See Also:
Low CD Rates: Lending Drought and Savings Monsoon
Source Data:
St. Louis Fed: Custom Chart
Credit growth (in red) is slowing.
Savings growth (in blue) is slowing.
Without either of those two, I guess we'll just have to rely on wage growth. Good luck on that one. Sigh.
This is not investment advice.
See Also:
Low CD Rates: Lending Drought and Savings Monsoon
Source Data:
St. Louis Fed: Custom Chart
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