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Credit Just PLUNGED, Here's What It Means for the Economy
Episode 981

Credit Just PLUNGED, Here's What It Means for the Economy

Eurodollar University

January 10, 202519m 20s

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Show Notes

Credit card balances crashed in November, according to the latest data from the Federal Reserve. That's a major warning but not about spending. With such a negative signal instead relating to jobs and the labor market, why the hell are LT rates...rising? The answer to the question can be found in Canada and Germany. 

Eurodollar University's Money & Macro Analysis

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Topics

Eurodollar UniversityJeff SniderMonetary OrderCentral BanksAlhambra InvestmentsInflationDeflationEconomyDepressionRecession