Search Results for: credit

U.S. Student Debt, Auto Loan Debt, Credit Card Balance, per Capita Household debt balances have been rising steadily in recent years. Picture source: Deutsche Bank Global Research

High Yield Credit Spread and Move Index Does higher rate credit volatility imply a widening of high-yield spreads? Picture source: Quill Intelligence, LLC

Commercial Bank – Credit Cards Interest Rate In the United States, the average credit card interest rate is 17.39%, at highest level in decades.  Is the U.S. consumer doing well? Picture source: Deutsche Bank Global Research

China Credit Impulse – Reflation Cycle This chart shows that China credit impulse has not yet boosted relative earnings. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: Fidelity Investments

China GDP and China Credit Impulse The chart shows the correlation between credit impulse and China GDP. Credit impulse is the change in new credit issued as a percentage of GDP. The chart also suggests that the latest stimulus has been more effective than previous ones. Picture source: TS Lombard

NFIB Expected Credit Conditions NFIB Expected Credit Conditions are improving and suggest that the U.S. expansion still has room to run. Source: Longview Economics

China Property Sales and Total Credit Growth According to Gavekal, Chinese monetary policy is still in a moderate “selective easing” mode. Picture source: Gavekal, Macrobond

U.S. Recession Probability Based on Credit Spreads and Treasury Spreads This chart suggests that the recession probability is low, about 10% based on credit spreads. Picture source: Charles Schwab

China Credit Impulse and Number of Central Banks Easing vs. Tightening Lead Global Manufacturing PMI This chart suggests that China credit impulse and the number of central banks easing vs. tightening lead global manufacturing PMI by 6 months. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: J.P. Morgan

China Credit Impulse Leads Global Manufacturing PMI This great chart suggests that China credit impulse leads global manufacturing PMI by 12 months. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: Nordea and Macrobond