August 25, 2015 at 1:00 am
#43349
Yes, banks taking drastic actions would definitely be a major sign of an unraveling being underway. We just need to keep our eyes open for economic or societal dislocations or disruptions outside of current norms. A local one that I will watch is property tax collections. We just sent this year’s bills out last week and so I will be curious come the due date as to whether the delinquency rate is higher than normal.