You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

1 Mar 2017 (AFR) – Shrinking US bank lending at odds with upbeat business, consumer mood

(1 March 2017, AFR, p11, by John Kehoe)

‘Bank lending and home sales are going backwards in the United States at a time when interest rates have jumped higher since the November presidential election. The surprise downturn in the total outstanding bank loans – especially to business – and fewer sales of houses in recent months clash with soaring business and consumer confidence. Economists have been caught by surprise by the contractions and are trying to figure out if the declines are temporary or a warning sign for the US economy.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

%d bloggers like this: