GOLD 0.51% $1,391.7 gold futures

Sheet changed real fast Loans and leases down 2 weeks in a row...

  1. 6,149 Posts.
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    Sheet changed real fast

    Loans and leases down 2 weeks in a row thru the week ending April 3.

    And look at this deceleration. It's the biggest one-week deceleration in 6 years.

    https://hotcopper.com.au/data/attachments/1507/1507741-c9631895695c0920b22b5a55e2b13cf8.jpg

    This is concerning, particularly with the stock market near its highs and with bullish sentiment so low.

    Hopefully this is temporary and related to seasonal (tax season, April, etc) and we will see a sharp rebound once reserves are drained via tax payments starting this week and going forward.



 
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