Michael Cheah
Michael Cheah
baked consumer driven driving economic growth home loans prices
A slowdown is baked in the cake. A big part of economic growth has been driven by consumer home-equity loans and if home prices are subdued, you won't have more loans driving spending.
baked consumer driven driving economic growth home loans prices
A slowdown is baked in the cake, ... A big part of economic growth has been driven by consumer home-equity loans and if home prices are subdued, you won't have more loans driving spending.
banks becomes curve economy flat lend money reluctant yield
The yield curve is flat and typically when that happens, banks are reluctant to lend money and the economy becomes vulnerable,