Potential For Descending Sky
Alert !!!
Alert !!!
 |
| Listen Up !! |
Credit Unions now have two choices in managing their organizations:
1.) Continue to follow the interest rate guidance of those pretty silly robusterians.**
or.....
2.) Follow the advice of a far more distinguished economic savant, John Maynard Keynes who said:
"THE MARKET CAN STAY IRRATIONAL LONGER THAN YOU CAN STAY SOLVENT."
01/02/2014 12/31/2014 2/3/20151.) Continue to follow the interest rate guidance of those pretty silly robusterians.**
or.....
2.) Follow the advice of a far more distinguished economic savant, John Maynard Keynes who said:
"THE MARKET CAN STAY IRRATIONAL LONGER THAN YOU CAN STAY SOLVENT."
5-yr T-bill 1.72% 1.65% 1.28%
10-yr T-bill 3.00% 2.17% 1.79%
30-yr T-bill 3.92% 2.75% 2.37%
..."Everyone knows that interest rates must go up."
(NCUA - 2008/9/10/11/12/13/14/15...)
(NCUA - 2008/9/10/11/12/13/14/15...)
** NCUA's Economic Forecasters - well-known also as, longtime 4th-quarter advisors to the SeaHawks coaching staff on planning and risk management.
6 comments:
If you keep predicting rainfall in the desert, eventually you will be correct.
As some have noted, Duke Street may have developed into a highly robust "Fact Free Zone".
Prepare yourself for the day interest rates go up and the Queen extols to the world, "I told you so".
There is nothing more deceptive than an obvious fact. ~ Arthur Conon Doyle
You are definitely Cockey Lockey to NCUA's robusterian Henny Penny!
NCUA's fear of rising rates and ridiculous liquidity noise has cost the industry millions - approaching billions - in missed income because of too-short investing.
Matz and her cohorts do not have a clue how lucky they are that the industry is resilient despite their efforts.
Again, shame on Andrews FCU for extending Matz' career beyond its expiration date.
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