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uhsguy  ·  677 days ago  ·  link  ·    ·  parent  ·  post: Pubski: June 8, 2022

Here is an explanation of what you are looking at. My first guess wasn’t really accurate but you aren’t looking at a trend that currently indicates a problem.

https://wolfstreet.com/2022/06/07/whats-really-going-on-with-revolving-consumer-credit/

The daily shot pulled out the seasonally adjusted chart and then distorted it for some reason by fucking with the axis.

Also as a general rule ignore government provided seasonally adjusted data. It almost always distorts and causes confusion. That’s just more distortion by daily shot that should have been labeled correctly. Honestly really disappointed in in daily shot for this one, but also shows you the danger of graphs without context.