Silver as an investment

Bank Lending Shrinking As Wage Growth Remains Stagnant

wallstreetexaminer.com / by Anthony B Sanders via Confounded Interest / 

I appeared on Fox News Radio today on the Tom Sullivan Show. He asked me about the non-existant inflation report today, the poor retail sales numbers and the 0 perfect wage growth report.

We also got around to discussing positive bank profits. But I pointed out that bank lending is declining in the face of stagnant wage growth.

Bank Loans and Leases YoY are declining.

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