The Components of CAMEL Out of the 1,750 institutions with brokered deposits, we have identified 79 ranked less than 125 in the fourth quarter of 2020, down from 85 the previous quarter. When we see the number of these poorly rated banks reach a low and begin to rise, both in…
A Review of History As illustrated in Chart I, the low in the German 10-year in June 2016 coincided with the low in bank stocks and a peak in the volatility (VIX), creating the bull market in bank and epicenter stocks that lasted until the peak in the German 10-year in…
For years, brokers, investment advisors, consultants, and others, relied on the Depository Trust and Clearing Corporation (DTCC) to provide monthly balances of qualifying brokered CDs. Since 2014, however, the level of brokered CDs under $250,000 computed by IDC Financial Publishing (IDCFP) as part of brokered deposits, continues to outpace the…
The copper-to-gold ratio is highly correlated to the U.S. 10-year yield since 2015. A disparity occurred in 2012 and 2013 as the bond market priced potential recession / deflation. The subsequent change in sentiment to recovery / inflation returned the 10-year yield to correlation to the copper to gold ratio.…
Credit unions have grown to become a major factor in the U.S. economy, with assets that have grown at nearly twice the pace of banks’ over the past decade.1 Credit unions are owned by their members and are designed to offer lower borrowing costs and higher deposit rates. In addition, the…
