Historical Year Data · 2006

China Credit-to-GDP Gap in 2006

China Credit-to-GDP Gap opened 2006 at -2.8 and closed at -6.4, a -128.57% move for the year. The high of -2.5 was reached on June 30, and the low of -6.4 on December 31.

Open

-2.8

2006-01

-6.4

4 data points

High

-2.5

Jun 30

Low

-6.4

Dec 31

Full Year Change

-128.57%

2005 Change

-466.67%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-2.8	-2.8	-2.8	-2.8	+0.00%
Jun	-2.5	-2.5	-2.5	-2.5	+0.00%
Sep	-4.2	-4.2	-4.2	-4.2	+0.00%
Dec	-6.4	-6.4	-6.4	-6.4	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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