How can this be?
Thanks for sharing this great analysis, Professor Brady. Do you think the credit condition of consumers comes into play for this part? The earnings from banks in recent quarters seem to continue to show high credit card delinquency rate.
Richard,
That is a great question. I have not looked at that data in a while, but will do so and highlight it in a post sometime soon.
Thanks for sharing this great analysis, Professor Brady. Do you think the credit condition of consumers comes into play for this part? The earnings from banks in recent quarters seem to continue to show high credit card delinquency rate.
Richard,
That is a great question. I have not looked at that data in a while, but will do so and highlight it in a post sometime soon.