🌏#cars #lending #marketsize #CANG
Penetration of car financing in global markets.

🇨🇳#china #lending #economy

💥#QFIN #LX #FINV #CANG

⚠️🇺🇸#lending #us #banks #economy #warning
in the past 50 years, only two events have caused banks to reduce lending as much as they are doing now: the collapse of Lehman in 2008 and the 9/11 attacks — BBG

🇪🇺#banks #europe #lending #macro
consumer lending volumes are increasing in the Eurozone, while mortgage loans are declining

⚠️🇺🇸#default #lending #us #banks #warning
BBG: delinquencies on auto loans, credit cards, and mortgages have started to increase significantly in the US

#COF #ALLY

⚠️🇺🇸#default #us #debt #lending #macro
US - Delinquency rates on various types of loans, excluding student loans, continue to rise

#COF #ALLY #NAVI

🇺🇸#mortgage #us #lending #macro
Apollo: the quality of auto loans and mortgages originated today is significantly higher than that of auto loans and mortgages originated before the 2008 financial crisis

💥#ALLY

🇺🇸#banks #lending #cars
US banks are continuing to cut back on auto lending, and some are even completely exiting this business

#COF #CFG #ALLY

🇺🇸#lending #us #student
Supreme Court strikes down Biden's plan to forgive student loan debt

New York Fed: student loan borrowers had over $195B in waived payments, likely exceeding $300B now

Deutsche: if students are going to have to resume their payments, that will have an effect on credit card #banks

⚠️#NAVI #SLM #OMF #COF

⚠️🇺🇸#banks #us #lending #macro
US - Banks credit is contracting

#COF #ALLY

⚠️🇺🇸#lending #us #economy
US bank lending is sharply slowing amid the Fed rate hike = the level of the 2008 crisis

🇨🇳#china #savings #lending #macro
for the second year in a row, China's household savings growth has significantly outpaced borrowing.

⚠️#QFIN #LX #FINV

🇺🇸#banks #creditcards #us #lending #macro
delinquencies on U.S. credit card accounts continue to rise

⚠️#BFH

⚠️🇨🇳#lending #china #macro #savings
lending in China is significantly slowing down due to an abnormal increase in savings by Chinese households.
————————————
#economy China’s excess savings are a danger. Chinese economy might face "secular stagnation" — FT

🇨🇳#economy #lending #china
China loan growth = min since 1999

⚠️#QFIN #LX