Chart o’ the Day: Loan Growth Turns Up in Europe

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This could be the start of something good, for the perennially troubled Euro Zone…

via Jeff Kleintop at Schwab:

Screen Shot 2015-04-02 at 9.54.18 AM

Eurozone loans to non-financial corporations have ticked up three months in a row. This is the first time we have seen more than one month of improvement since 2011. Not quite a trend yet, but an encouraging sign.

There’s a bunch of other stuff happening in a similar vein. Check out Jeff’s post at the link below.

Source:

One of the Most Important Indicators of Growth Has Turned Positive for Europe (Schwab)

 

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