US Banks Tightening Standards for Small, Medium, Large EntitiesThe lowest since the Tracking began in 1991.
We can see Peaks heavily Correlate to Peaks in the Equity Markets.
Lending is being Shut Down.
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Price to Sales now stands @ 3.071 for the S&P 500.
2.367 @ 2007/2008 Peak
2.354 @ Dotcom Peak
Buy the Highs, P:S reverts to 1 or less in every Bubble.
-70% huh... no way man. You and Alexandra are Quazy!!!
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Okay - Good Luck.
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BUY Stocks, as there isn't much else going on...
Loans to businesses: Respondents indicated that, on balance, they tightened their
standards and terms significantly on commercial and industrial (C&I) loans to firms
of all sizes.
Banks reported stronger demand for C&I loans from large and middle-market firms,
while demand for C&I loans from small firms was about unchanged.
Banks tightened standards and reported weaker demand across all three major
Commercial Real Estate (CRE) loan categories—construction and land development
loans, nonfarm nonresidential loans, and multifamily loans.
Loans to households, banks tightened standards across all three consumer loan categories:
Credit card loans, Auto loans, and Other Consumer Loans on net, while moderate
fractions of banks tightened their lending standards on most categories of Residential Real
Estate (RRE) loans.
Banks reported stronger demand for all categories of closed-end mortgage loans and
weaker demand for all categories of consumer loans.