Banks Competing on Deposits
Last week I sent my banker friends an article about the coming funding crunch: loan growth will exceed deposit growth in 2006. I recommended that banks engage in serious efforts to beef up core deposits …
Retail Sales look better than headline.
The retail sales report looks OK, despite the decline in January. I look at the last data point (February) and see that it’s in line with the recent trend line. Business implication: consumers are continuing …