Bridgewater Report Notes Lack Of Consumer Credit Demand

Consumer lending is loosening at the bank level, a May 8 Bridgewater strategy document reviewed by ValueWalk observed. However, consumer borrowing habits have changed from those fast and loose days leading up to the 2008 financial crisis. Bridgewater says economic environment remains “broadly stimulative,” but loan demand muted The private Bridgewater report, written by Larry Cofsky and Spencer Gaffney, bench-marked the credit environment U.S. household’s face as “broadly stimulative,” with household balance sheets having “healed materially” in the wake of the financial crisis. Asset prices are pushing recent highs along with consumer confidence while interest rates are at secular lows…