Putting Some Teeth into Economic Forecast

PLANO, Texas—Interpreting the meaning of variable economic indicators can be difficult, but economist Elliot Eisenberg will be offering “irrefutable proof” the economy is improving: In 2014, the tooth fairy left an average of $4.36 per lost tooth, a whopping 25% increase over 2013. That and other insights will be shared  during Catalyst Corporate FCU’s upcoming Accelerating Success Conference.”

The conference, set for April 30-May 1 at Caesars Palace in Las Vegas, will also include some more conventional observations on the economy. “Interest rates will rise, housing activity will improve, auto loans will chug along at the current pace, and market volatility will be the norm,” Eisenberg said. “Automobile financial activity is unlikely to increase while housing activity is improving only grudgingly.” 



Eisenberg anticipates a rate hike in the third quarter. “Interest rates are likely to continue rising as the Fed extricates itself from quantitative easing,” said Eisenberg. “The Fed is covering the bases. While some want to raise rates in June, most don’t, as they see more downside than upside risk. They also fret about weak global growth and inflation, and the potential for things to unravel in Greece and Russia/Ukraine.” 



Formerly a senior economist with the National Association of Home Builders, Eisenberg posts a daily 70-word commentary on the economy at www.Econ70.com. He will join a slate of engaging speakers at the Accelerating Success Conference, covering such topics as mobile trends, members of the future, and "radar-worthy" issues for credit unions. Two bonus breakout sessions will also be included that speak to balance sheet positioning and loan participations.

The conference agenda also includes Catalyst Corporate’s annual meeting/luncheon, an evening reception and an optional golf outing. Early Bird discounted registration, as well as a hotel room block, is available through April 8.

The Accelerating Success Conference is open to all credit unions and the Early Bird registration fee is $375 per person for those registering before April 8.  After that date, the fee will be $450.  All breaks, available presentation materials and the Thursday evening reception are included in the registration fee.  A block of rooms has been reserved at a special rate of $149 per room, per night at Caesars Palace, but rooms are limited. The Catalyst Corporate annual meeting and luncheon is complimentary, but reservations are required. 

For info: www.catalystcorp.org.

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