Monthly data align poorly with business activity. For a better gauge of where things are headed, keep an eye on borrowing cycles.

BING NEWS:
  • Apollo says private credit may reach $40 trillion by 2030
    Apollo estimates that the private credit market could grow to $40 trillion “within the next five years,” Grewal said.
    12/19/2024 - 11:07 pm | View Link
  • Massive Interest Burden Haunts $29 Trillion of Emerging Debt
    Developing nations, already set for a turbulent 2025, are having to cope with ballooning interest payments on $29 trillion of debt that built up over the last decade.
    12/15/2024 - 12:30 am | View Link
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