Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (45524)	11/15/2005 9:10:44 AM
From: russwinter	Respond to of 110194

Excellent piece, I'm wondering if something is changing at the margin though? Think we can now safely say a major part of the credit machine (bank credit) has entered a significant slowdown, and with the turndown in the refi and purchase index it will get only worse: bank credit: 09/07/2005 7404.1 09/14/2005 7382.6 09/21/2005 7390.6 09/28/2005 7406.4 10/05/2005 7397.2 10/12/2005 7400.1 10/19/2005 7425.2 10/26/2005 7415.6 11/02/2005 7398.6 To quote Monty Python, "and now for something completely different", real estate lending: 10/12/2005 2843.7 10/19/2005 2841.1 10/26/2005 2848.4 11/02/2005 2845.2 Consumer lending: 09/14/2005 721.8 09/21/2005 720.9 09/28/2005 719.8 10/05/2005 709.3 10/12/2005 706.2 10/19/2005 706.6 10/26/2005 710.4 11/02/2005 710.5 HELOCs: 08/03/2005 439.3 08/10/2005 439.0 08/17/2005 439.1 08/24/2005 439.0 08/31/2005 439.1 09/07/2005 438.8 09/14/2005 437.4 09/21/2005 438.1 09/28/2005 438.9 10/05/2005 435.0 10/12/2005 435.0 10/19/2005 436.9 10/26/2005 437.5 11/02/2005 436.3 federalreserve.gov