c. myblog

April 8, 2010

There’s More Than One Story to the Statistics

Consumer confidence, jobless rate, existing home sales, manufacturing, CPI, PPI… just about every day a body of experts or analysts releases a statistic that indicates the state and health of the economy.  These statistics, numbers and findings are no doubt a helpful indicator for where the economy stands and the direction it might take.  However, […]

March 25, 2010

Which Bills Should I Pay? How Consumer Priorities are Changing

As the present economic crisis continues to unfold, some noteworthy changes in consumer behavior have started to emerge.  One with far-reaching consequences for credit unions is the increasing tendency for consumers to forgo paying for their mortgages while choosing to pay credit card bills.  Between first quarter 2008 and third quarter 2009, the percentage of […]

March 18, 2010

10 Reasons Things Went Wrong… Has Anything Really Changed?

For years, we have been emphasizing a list of 10 reasons (not in order of priority) risks are not appropriately managed in the financial services industry.  Many of these reasons contributed to the volatile economic environment we find ourselves in today. Mindset—We can take action when bad things happen so things will never be as […]

March 4, 2010

Lacking Consumer Confidence and Lending

In spite of recent signs that the economy may be turning around—including a 0.3% increase in real consumer spending in January to the highest level since May 2008—consumers still don’t seem to be buying a strong recovery.  February’s present situation index, which serves as an indication of how consumers are feeling with regard to the […]

February 19, 2010

Observations On A Steep Yield Curve

The Treasury yield curve is rarely as steep as it is today.  The spread between the 3-month and 10-year has recently exceeded 350 basis points.  In more certain times, steep yield curves are beneficial to credit unions because the rates paid on non-maturity deposits are influenced by the short end of the curve and the […]

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