Session:
Financial Strategy Session One: Point-Counterpoint, Part One

Speaker:
Jason Haley, Chief Investment Officer, ALM FIrst
Steve Rick, Director and Chief Economist, CMG
John Worth Ph.D., EVP of Research and Investor Outreach, Nareit

In this session, three economists share their individual perspectives on COVID-19’s long-term economic impact:

• The recovery for credit unions will be rapid and perhaps even back on track before the end of 2020, resulting in a V-curve trend.
• We’ll see a U-shaped recovery, with real upward momentum showing up in the fourth quarter. Credit unions will face significant challenges for at least 18 months.
• We’re at the very beginning of a long recession and what that means for credit union operations.

John Trull, NWCUA VP of Regulatory Advocacy, moderates this essential discussion. Gain valuable perspectives and use this critical learning to help plan for a variety of future economic scenarios. This session is a two-part series, with the first discussion taking place in August. In December, we’ll re-examine the current economy, hearing from our original panel on what they know now and what they expect to come.