Credit union insured nonmember deposits grew dramatically after 2013 and peaked in the first quarter of 2020. These deposits have begun increasing again as of the third quarter of 2021. Credit unions’ insured nonmember deposits equal total reported nonmember deposits less uninsured nonmember deposits. In the third quarter of 2021, insured…
Value Stocks Outperforming Growth Stocks In July 2021, IDC Financial Publishing (IDCFP) forecasted the TIPS yield would recover to pre-pandemic levels with the decline in Covid in early 2022. This forecast of the real 10-year yield rising to zero in 2022 was confirmed by Morgan Stanley’s cross-asset strategist. On January 28, 2022,…
Bank stocks are represented by different ETFs. The large money center and regional banks, KBWB, (up 1.42% in the last month), regional banks, KRE, (down 0.08%), S&P financials, XLF, (down 1.33%), S&P large banks, KBE, (down 0.37%), or community banks QABA (down 1.29%). IDC Financial Publishing (IDCFP) ranks bank stocks’ potential…
The Federal Reserve is expected to raise the Fed funds rate in March for the first time in more than three years and shrink their balance sheet soon after, as indicated by Bloomberg in a survey of 45 economists. While the vast majority forecast a 25-basis point hike, two indicated…
IDC Financial Publishing (IDCFP) has attempted over time to estimate brokered CDs for individual banks. The unknown in the equation has historically been the level of sweep accounts in brokered deposits. As of September 30, bank reports, sweep accounts for individual banks were available on the call reports. IDCFP deducted from…
