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According to consumer credit data from the Federal Reserve, commercial banks' share of conumer credit is above 32% for the first time since 2000, mainly as a result of the declining share of consumer credit held as "pools of securitized assets" since 2002 (see chart below).

Does this trened signal a return to the more "traditional" banking of the past?

Thanks to Larry Kudlow for the idea for this post.
Source: Commercial Bank Share of Consumer Credit Tops 32%