Is Slowing Loan Growth A Sign Of Collapsing GDP Growth?

A worrying trend is starting to show through at large-cap US banks. In recent weeks and months, commercial and industrial loan growth has slowed, prompting analysts to warn of an impending economic slowdown. Until recently the deteriorating loan figures have been passed off as being an energy sector problem, but according to a new research report from analysts at Credit Suisse, energy only explains part of the problem. Banks Tighten Subprime Auto Lending As More Borrowers Fall Into Default Australia: The Best Place For You Money For The Next Decade? According to Credit Suisse’s analysis, based on the detailed disclosure…