tag:blogger.com,1999:blog-6616959642391988608.post4700200753268409163..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: One negative quarter does not make a recessionScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6616959642391988608.post-62867808165703541142014-05-29T13:30:27.369-07:002014-05-29T13:30:27.369-07:00Excellent post.
Yes, only one quarter, but it sur...Excellent post. <br />Yes, only one quarter, but it sure raises questions about the Fed's inflation-fixation. We have -1 percent growth and 1 percent inflation on the PCE deflator...does this sound like Japan? Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76080258471368177452014-05-29T12:15:45.625-07:002014-05-29T12:15:45.625-07:00I haven't seen a breakdown of C&I Loans, b...I haven't seen a breakdown of C&I Loans, but what you report is interesting. I note that C&I Loans have only recently exceeded their 2008 high, so the banking industry in general has not enjoyed a lot of loan growth. What you say confirms my belief that this recovery has been slow in part because of a relatively high level of risk aversion. Lots of deleveraging translates into weak Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4592363616726206612014-05-29T11:48:00.654-07:002014-05-29T11:48:00.654-07:00Scott - re: bank lending being up - I work in a CA...Scott - re: bank lending being up - I work in a CA community bank, and generally we (and many bankers I talk to) see very tepid loan demand - and most of what we see is the remaining few in-market CRE transactions looking to lock in a long-term fixed rate. Is there a way to understand where the loan growth is happening? Is it regional? Maybe a the very upper end of the market (Syndicated dealsSid Poolshttps://www.blogger.com/profile/01052627149502805361noreply@blogger.com