The following chart shows the annual change in total revolving credit owned and securitized.
Click to enlarge.
Just when you think there is some hope, here we go again.
Forehead. Desk. Whack. Whack. Whack.
Source Data:
St. Louis Fed: Custom Chart
Versus: Where Politics and Culture Do Their Time in Rhyme
Inflation Adjusted House Prices 2.4% Below Peak; Price-to-rent index is
7.5% below 2022 peak
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Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted
House Prices 2.4% Below Peak
Excerpt:
It has been over 17 years since the bubble...
2 hours ago
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