macro/high confidence
Lending Conditions
Private lending market stress composite. Tracks credit conditions across direct lending channels.
NORMAL
Live
Since May 18, 20261 person watching
State History
NORMAL
SEVERE
STABLE
ELEVATED
993 readings|3 state changes|STABLE: 89%NORMAL: 11%
State Definitions
NORMAL
Score 1 -- mild tightening.
SEVERE
Score >= 4 -- credit crunch conditions.
STABLE
Score 0 -- credit conditions healthy.
ELEVATED
Score 2-3 -- significant credit stress.
Sources
Read-only intelligence. Sensor states are diagnostic observations, not predictions.