Bank Lending Shrinking As Wage Growth Remains Stagnant

I appeared on Fox News Radio today on the Tom Sullivan Show. He asked me about the non-existant inflation report today, the poor retail sales numbers and the 0 perfect wage growth report.
We also got around to discussing positive bank profits. But I pointed out that bank lending is declining in the face of stagnant wage growth.
Bank Loans and Leases YoY are declining.

This post was published at Wall Street Examiner on April 14, 2017.