X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Well, baseball season is here, America’s favorite past time, and the season is unpredictable as ever. My San Francisco Giants won the World Series for the first time in my life a couple years ago, and we missed the playoffs by a few games last year, and we started the season this year with the first three games resulting in losses. Not to be cliché, but past performance cannot predict future results.

However, if you’re in finance, you have very little to go on these days. Ben Bernanke has promised us low rates until late 2014, which is the equivalent of betting on the Dodgers to win the whole thing this year (yea, right!). Economists are looking very close at Ben these days, looking for any clue of what the next pitch is going to be, a curve or a fastball, or the dreaded pitchout. The NCUA has recommended that we shock our balance sheets at 400 and 500 basis points because the rates are so low. Four years ago we thought 300 basis points were too much!

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.