Spike In Cash Assets Screams Warning!

Don't let complexity of analysis obscure the simple messages. A break down of bank credit at commercial banks reflects lackluster business loan creation, a struggling real estate market, a slow decay in consumer spending, a surprising scramble to hold cash assets. The scramble to hold cash assets in excess of the 1980-1981 and 2008 crisis levels screams WARNING.

Break down of Bank Credit at Commercial Banks


Cash Assets 12-Month Change (CASH12LN) And Percentage of Total Bank Credit (%TBC)