A few final charts for this week - new slower growth normal, financial stress, Mr Putin and European banks

End of the week...a few final charts

A fascinating chart from @ukarlewitz showing that Janet Yellen and the rest of the Federal Reserve have something still to think about...the new slower growth normal

Then there is this which as this article which highlights we really are at an interesting time:

As Wolf Richter who wrote the posting notes (with my emphasis added):

'thanks to record low financial stress in the system, subprime cardholders are happily spending themselves into nirvana. But once they’ve run up their balances to vertigo-inducing heights, the banks open their eyes. Stunned by what they see, they don’t want to play anymore. They stop raising credit limits and sending out new cards. Then they see the other time bombs ticking on their shelves. And suddenly we’re back to 2008. That’s what the record low financial stress index is pointing at'

There is one politician who is popular:

I sourced this from a Bruegel report highlighted by @R_Scott_Martin.  Good to see such a sanguine outcome from European banks...by the end of the year or so we will see what the reality is!

Have a good weekend.