Divergence! Latest Bank Data Reveals Something Is Terminally Broken In The US Financial System

All I can say is “Yikes!!” Something is broken in the US financial system.

As I have discussed before, bank deposits are soaring while loan demand is … not.

The recent banking data shows a slowdown YoY in bank deposits, but also shows negative loan and lease growth at banks.

Residential mortgage growth is negative YoY. At least commercial mortgage lending is still growing, albeit at a lower rate.

Speaking of something being broken …

Powell and Yellen are probably screaming “Give our creation life!!!!!”

Yikes! Something happening.

9 thoughts on “Divergence! Latest Bank Data Reveals Something Is Terminally Broken In The US Financial System

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.