Total credit market debt Vs. Dow Jones



Total credit market debt growth is correlated with the Dow Jones. As everything in the economy requires loans, credit expansion drives the economy today.





Whenever this credit growth stops (blue line drops), the Dow Jones (red line) will go down with it. We have seen this in the 1987, 2000, 2008 crashes.





Monitor the blue line as it may be an important indicator.











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