by Brian Hague | Jul 21, 2016 | Economics
It’s only appropriate that we borrow a line (albeit paraphrased) from the Bard of Avon to describe our views about the recent Brexit vote. It should also be noted that the views expressed herein are those of the author, and do not necessarily represent the collective...
by Brian Hague | May 19, 2016 | Economics
At the CUNA/Rochdale Paragon ERM Certification and Update Schools presented in April, I taught a session titled “Anecdotal Economics.” This concept holds that biases in economic thought, industry economists, and relationships in economic variables result in...
by Brian Hague | Feb 24, 2015 | Economics
Among the emerging risks that The Rochdale Group monitors are geopolitical threats. These include things like last year’s worries over Russia’s annexation of the Crimea and its forays into Ukraine; the potential threat of a nuclear Iran; and the re-emergent fears over...
by Brian Hague | Jan 30, 2015 | Economics
After several years of intently watching the Fed for clues as to the economy, the markets and interest rates, 2015 will be the year that we can finally take our eyes off the Fed, and focus on the consumer. Think this year won’t be about the consumer? Think again. The...
by Brian Hague | Oct 28, 2014 | Economics
The NCUA is hyper-focused on interest rate risk (IRR). They go so far as to include an “Interest Rate Risk Resources” button on their main webpage that includes, among other items, a video featuring NCUA Chief Economist John Worth highlighting the agency’s concerns...
by Brian Hague | Apr 2, 2014 | Economics
No assessment of a credit union’s risk is complete without a macro outlook on the economy and interest rates. But how can a credit union best develop a forward view of economic factors? As the old joke goes, if you line up all the economists in the world end-to-end,...
