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US banks easing credit conditions at boomtime rates [ClearOnMoney]
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US banks easing credit conditions at boomtime rates

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Commentary

US banks easing credit conditions at boomtime rates

6 May 2013 by Jim Fickett.

According to the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices released today banks are easing credit conditions in all categories. What is particularly interesting about this report is that the rate of easing is comparable to the great credit boom of a decade ago. Although the recovery is fragile, and a recession could change all markets very quickly, the credit boom suggests, for now, continued increases in the prices of stocks, houses, and bonds.