RE: Total money and credit growth (excluding intermediate OFCs)19 Dec 2023 23:55
Stp
''This is the strongest sign that we are going to be in a recession in 2024.''
''Sign'',Really? - Maybe you need a rethink. I would have thought that is simply an indication of what everyone already knows - base rates have increased from 0.1% to 5.25% (near historic normal levels) and mortgage rates have increased quite a bit as well, increasing payments.