Historical Year Data · 2016
SLOOS: Credit Card Tightening in 2016
SLOOS: Credit Card Tightening opened 2016 at -1.90% and closed at 0.00%, a +100.00% move for the year. The high of 0.00% was reached on October 1, and the low of -5.70% on April 1.
Open
-1.90%
2016-01
Close
0.00%
4 data points
High
0.00%
Oct 1
Low
-5.70%
Apr 1
Full Year Change
+100.00%
2015 Change
-205.26%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | -1.90% | -1.90% | -1.90% | -1.90% | +0.00% |
| Apr | -5.70% | -5.70% | -5.70% | -5.70% | +0.00% |
| Jul | -5.60% | -5.60% | -5.60% | -5.60% | +0.00% |
| Oct | 0.00% | 0.00% | 0.00% | 0.00% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
Related Metrics
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