How Credit Unions Can Build Digital-First Experiences While Preserving Member Trust
Daniel Arita of First Entertainment Credit Union discusses the strategy behind CineFi and the opportunities and challenges credit unions may encounter as financial services become increasingly digital.
Stock Market Tug of War: Earnings vs. Rates
As we wrote earlier this month, earnings have provided a strong foundation for stocks this year. With second quarter earnings growth for the S&P 500 on track to exceed 30% (excluding private investment mark-ups) and analysts continuing to raise estimates, it’s safe to say this season strengthened the fundamental case for equities. So, while geopolitics, […]
Weekly Bottom Line
Longer-term Treasury yields continued to climb this week, despite the Treasury Department’s announcement to increase longer-duration debt buybacks. Elevated interest rates continue to weigh on housing activity, with housing starts plummeting 12.4% m/m to 1.2 million units in July. Minutes from the July 28-29 FOMC meeting showed policymakers’ concerns about inflation have deepened, with “several” […]