What I had to say at Narmi’s Digital Account Opening Summit
At Narmi’s Digital Account Opening Summit last week, I had a very interesting discussion with Berkshire Bank CEO Niti Mhatre, moderated by Narmi co-founder Nikhil Lakhanpal,…
Earnings guidance is a bad idea. Here’s why.
CEOs, JUST STOP ISSUING EARNING GUIDANCE: Some bank CEOs have lowered their company’s overall earnings guidance four times already this year. Please just stop! I have been against guidance…
An electric car maker tries an oddball U-turn
EARLY RETRO: Uh-oh. Automakers seem to be starting to come to terms with the fact that consumer demand for electric vehicles might not be nearly as…
Where did CEOs go to college? You might be surprised.
HOW ABOUT THAT IVY LEAGUE EDUCATION? Back in 1999, David Kang, then a professor at Dartmouth’s Tuck School, was curious about where the CEOs at the Fortune 500 companies…
Central bankers should just keep quiet
STAY MUM: The analysts at Fisher Investments have some very good advice for central banks. Stop blabbing about your policy intentions ahead of time: “Jettisoning forward…
For banks, more capital doesn’t solve every problem
MIS-REGULATION: Hang on. What? “U.S. regulators are preparing to force large banks to shore up their financial footing, moves they say will help boost the resilience of the system…
An auspicious omen for bank stocks
MISMATCH: Don’t the people who work in the banking industry understand that all hell could be set to break loose there? Even as investors sold bank…
What will happen as excess saving run off? No one’s quite sure.
EXCESS SAVINGS AND THEIR IMPACT ON THE ECONOMY: Just in the last week or so I have have seen estimates of the level of excess savings that…
Home investors find out what happens when interest rates rise
BACK TO REALITY: Funny things sure can happen when interest rates stop being rigged: “INVESTORS SLAM BRAKES ON U.S. HOME PURCHASES AS PROFITS DRY UP “With…
Join Us Today and Tomorrow for the Digital Account Opening Summit
Narmi’s Audrey Song writes: Join us today and tomorrow for the Digital Account Opening Summit 2023. It’s an annual event designed to keep community financial institutions…