Snapshots That Wow!

Living on udhaari

Dramatic shifts in lending by banks to industry (42% to 23% share) and to consumer (rising from 21% to 34%) over the past 8 years.

Has the pendulum swung too much to the “asset light” “live like the west” side?

Source: CLSA

No more udhaari

“The average rejection rate for credit hit 22.9% in October, the most in at least 11 years according to the Fed credit access survey.

“The average rejection rate for credit hit 22.9% in October, the most in at least 11 years according to the Fed credit access survey.

Credit card limit increase rejections skyrocketed to 45%, a new record since the survey began in 2013.

Additionally, mortgage and auto loan rejection rates DOUBLED over the last 3 years to 23% and 14%, respectively.

It has rarely been tougher to access credit in the US.”

Source: Kobeissi Letter

Boond boond se JPM bane

JP Morgan is built on 1200+ institutions over 255 years!

This chart merely depicts the 120 key mergers that resulted in the evolution of The Manhattan Company of 1799 into the JP Morgan Chase Bank of today!

Source: Quartr

Asia Rises, Again!

Asian origin Americans, end up earning a higher income per household vs. the caucasian american household!

Source: American Community Service

Forgetting your roots?

US phosphate sales (one of the three major fertilizer nutrients- NPK) has seen a consistent decline in volumes over the past decade. Value sales have however inched up.

Source: Itafos, Mosaic Co.

Gen AI: Bijli girane, main hoon aayi!

The amount of global renewable energy capacity each year keeps blowing the long-term predictions out of the water.

With a greater impetus on clean energy (nuclear, solar, wind, etc.) given the requirements of generative AI, big tech has only gotten started pouring in investments in the sector leading to far faster adoption and scale up vs. previously imagined or achieved.

And yet, it may not be enough.

Source: IEA