After Massive Loan Growth Under Obama, Credit Stalls Under Trump

Coincidence? Via Wolf Street:

US-commercial-industrial-loans-2012_2017-05-10Over the past five decades, each time commercial and industrial loan balances at US banks shrank or stalled as companies cut back or as banks tightened their lending standards in reaction to the economy they found themselves in, a recession was either already in progress or would start soon. There has been no exception since the 1960s. Last time this happened was during the Financial Crisis.

via Oops, this Wasn’t Supposed to Occur in a Rosy Credit Scenario | Wolf Street