Business loans relative to money supply spikes during periods of recessions. As you can see the law of diminishing returns is creating lower highs, As per this chart there is no indication we are in a recession. Why? I would argue because we are still in a recession since 2020.
You can't fix an insolvency problem with liquidity.
Note
Business loans as % of Money Supply have completely stalled out. it can't even make it to 15%. Hope this doesn't start crashing if you are a bull. Bad JUJU!
Note
Business loans as % of Money Supply are starting to weaken here. This is not a good sign for the overall economy.
Bad JUJU!
Note
Note
Business loans continue to fall despite the money supply falling. Bad JUJU!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.