Thursday, February 8, 2018
Credit got looser in Q4 2017
- by New Deal democrat
There are times the economy is boring. Ok, ok, especially boring. To the point where I don't have much to say.
This isn't one of those times. I have stuff worked out in my brain or in the early drafting stages to last over a week. Like an important point of data in last week's jobs report I meant to post earlier this week, but haven't written because thank you stock market!
Anyway, I knew the Senior Loan Officer Survey was coming out, which I track because it is a long leading indicator, but I hadn't read anything.
Turns out there was a good reason for the silence. It was the opposite of DOOOOMMM!!!
So here is my take, up at XE.com.