• Home
  • |
  • Blog
  • |
  • Recovery will start (WHEN) and take (HOW LONG)!
Loading the audio player...
  • When will the recovery start and how long will it take?
  • Which of our business borrowers have the legs to hang in there that long?
  • What steps can the bank take to support those who can make it and recognize those who cannot as quickly as possible?

Thumbnail image for Economic Recovery.png
Bill Conerly is an economist and consultant to business and banking who is addressing five Washington Bankers Association conferences this year. He is the author of ‘From the Headlines to Your Bottomline: How to Profit in Any Economic Cycle‘.
I spoke with Bill this week and he predicts the economy — in terms of
employment, production and spending — may hit rock bottom in April. 
“The stock market usually turns around before the economy…but it can
be anywhere from three months earlier to six months later.” I guess
that shoots down the plan to predict the recovery from what is
happening in the stock market.

Businomics.jpg

Former Federal Reserve Chairman Alan Greenspan in ‘Banks Need More Capital‘, an article in this weeks Economist,
did not get more specific. “Markets are being suppressed by a degree of
fear not experienced since the early 20th century (1907 and 1932 come
to mind). Human nature being what it is, we can count on a market
reversal, hopefully, within six
months to a year.”

Which are you focused on with your business borrowers?

  • How are you going to make it through the downturn?
  • What are the opportunities in this market and what are you doing now to profit from the challenges of your competitors?
  • What steps are you taking to position your company for the recovery?

Looking at the opportunities could be a very interesting conversation…

Related Posts

2 NEW C's of Credit! Apply these in your business borrower relationships

2 NEW C's of Credit! Apply these in your business borrower relationships

8 Lender Lessons Learned (?) from the Credit Crisis

8 Lender Lessons Learned (?) from the Credit Crisis

Understanding Partnership Interests: CPA Tony Mailhot on Negative Basis and Tax Implications

Understanding Partnership Interests: CPA Tony Mailhot on Negative Basis and Tax Implications

When Capital Gains Rules Camouflage the True Cashflow: 1065 K-1

When Capital Gains Rules Camouflage the True Cashflow: 1065 K-1

Linda Keith, CPA


Linda Keith CPA is an expert in credit risk readiness and credit analysis. She trains banks and credit unions throughout the United States, both in-house and in open-enrollment sessions, on Tax Return and Financial Statement Analysis.
She is in the trenches with lenders, analysts and underwriters helping them say "yes" to good loans.
Creator of the Tax Return Analysis Virtual Classroom at www.LendersOnlineTraining.com, she speaks at banking associations on risk management, lending and director finance topics.

>