The much hyped acceleration still looks like it’s over.
Acceleration alarm zones circled in yellow:
![](https://moslereconomics.com/wp-content/graphs/2014/09/credit-update-1.png)
![](https://moslereconomics.com/wp-content/graphs/2014/09/credit-update-2.png)
![](https://moslereconomics.com/wp-content/graphs/2014/09/credit-update-3.png)
![](https://moslereconomics.com/wp-content/graphs/2014/09/credit-update-4.png)
This was a major source of shadow bank funding as well as non financial funding:
![](https://moslereconomics.com/wp-content/graphs/2014/09/credit-update-5.png)
The much hyped acceleration still looks like it’s over.
Acceleration alarm zones circled in yellow:
This was a major source of shadow bank funding as well as non financial funding: