Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by Macro analyst Drago Malesevic.
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In today’s Chart of the Day, we can observe this stabilization in credit through the progressive “greening” of the bottom half of our credit card performance dashboard, indicating a favorable second derivative dynamic – that is, the year-over-year delta in +30-day delinquency rates, the single best predictor of future loss rates, has been in decline. |
