Credit conditions are likely to worsen in H2 2023
Commercial bank deposits have been contracting sharply, pointing to a decline in lending pic.twitter.com/L2HRt5ZT1n
— Bravos Research (@bravosresearch) August 30, 2023
High bond yields imperil America’s financial stability
Don't forget, $140 billion in OCE loans by these banks are required to be paid back to the Fed over the next 4 months.
So the FDIC is changing capital requirements exactly when they know these banks are going to be out of liquidity 🤣 https://t.co/WU3CpzOtty
— Financelot (@FinanceLancelot) August 29, 2023
Consumer Confidence
Components pic.twitter.com/61rhNWBYrq— Win Smart, CFA (@WinfieldSmart) August 30, 2023
U.S. 🇺🇲 Quits Rate pic.twitter.com/00fRKwWQfF
— Win Smart, CFA (@WinfieldSmart) August 30, 2023