As Credit Suisse eyes what they predict will be a September Fed interest rate increase, they consider bank portfolio positioning in anticipation of an event that typically doesn’t portend well for stocks. Credit Suisse: Large bank portfolios saw 6 basis point decline, while mid-cap Average yields generated from large-cap bank securities dropped again in the first quarter of 2015, down 6 basis points, while mid-cap bank portfolios saw a slightly better decline, only down 2 basis points on a quarter by quarter basis. As deposit growth and outstripped loan growth and liquidity coverage ratios, which mandate the cash on hand…
As Rate Rise Looms, Watch Bank Portfolio Mix
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.