1 / 5

asd sad sad

asd asd asd asd sadsa

guest49586
Télécharger la présentation

asd sad sad

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Paterson Financial Services Asset/Liability Management Chartbook 1Q 2006

  2. Hindsight • Bonds break major support • F-Funds go to 4.75% • Gold making new highs • Yield curve flat • Stocks make new highs • Middle-stage business cycle

  3. Foresight • Inflation is back • Bear market in bonds begins • Commodities and real estate will prosper • Economy will stay strong until Fed action takes hold • Stock market is booming

  4. Business Cycle – Nov 2001 • The economy is four years into the current cycle and likely has four more years to go. • At this stage in the cycle, interest rates and stock prices begin a sustained rise • Income, employment, production, sales and prices also rise • Yield curve begins to invert

  5. Business Cycle Indicators • Trough in 4Q of 2001 • Stock market bottoms 2003 • Current cycle over 48 months old • Last two cycles 92 and 120 months • 4 years to go in this cycle? See NBER

More Related