Where’s Our Economy Headed? Three Experts Weigh In


The first day of CU Learning TRAXX is just over two weeks away! On Aug. 5, Northwest credit union professionals will gather virtually with their peers and dive into five thought-provoking sessions on just-in-time issues. One of those sessions, Point-Counterpoint Part One, will examine where our economy is headed and what it means for the credit union industry.

Day one of CU Learning TRAXX will set the stage for weeks of valuable learning and networking with a variety of great content, including expert speakers, panel discussions, and interactive conversations critical to the credit union industry.

Credit union professionals won’t want to miss the first Financial Strategy session, Point-Counterpoint Part One, sponsored by CUNA Mutual Group, where three economists will share their predictions for the long-term economic impact of COVID-19. Will recovery take the form of a V-curve, a lengthier U-curve, or is a long recession in store? Join speakers Steven Rick, John D. Worth, and Jason Haley as they discuss the different scenarios and provide insight on how credit unions can prepare for them.

“Steven, John, and Jason bring decades of experience in economic forecasting,” said John Trull, VP, Regulatory Advocacy at the Northwest Credit Union Association. “Their valuable perspectives will help credit unions plan for and navigate whatever changes may come as the economy shifts and evolves in the coming months.”

Steven Rick is the Chief Economist for CUNA Mutual Group, where he conducts strategic research, analysis, and forecasting of the financial services industry with special emphasis on the consumer and credit union markets. 

Rick is publisher of the “Credit Union Trends Report,” a monthly pulse check on the economic state of the Credit Union Movement. Before joining CUNA Mutual Group, Rick was the senior economist for CUNA’s Economics & Statistics Department for 22 years.

John D. Worth is the Executive Vice President for Research and Investor Outreach at Nareit, the National Association of Real Estate Investment Trusts. He leads Nareit’s internal and external research efforts and directs Nareit’s investor outreach and education initiatives. 

Before he joined Nareit, Worth founded the Office of the Chief Economist of the National Credit Union Administration from 2010 and 2015. He also served as a member of the investment committee of the $12 billion NCUA insurance fund and member of the NCUA’s 401(k) investment committee. Worth also spent nearly a decade at the U.S. Treasury, where he served as the Director of the Office of Microeconomic Analysis and as Acting Deputy Assistant Secretary for Microeconomics.

Jason Haley is ALM First’s Chief Investment Officer, having joined the firm in 2008. He heads ALM First’s Investment Management Group (IMG) and is portfolio manager for the Trust for Credit Unions mutual funds.

Haley also oversees all capital markets activities, including portfolio management, trading, market research, and commentary, as well as execution of hedging and funding strategies for the firm’s depository clients.

More than 4,600 credit union professionals in the Northwest now have access to CU Learning TRAXX! Register today and join them! There are a variety of registration options available to fit every schedule and budget.

More information on sessions and speakers are added daily, so check back often!

Have a question about CU Learning TRAXX? Email us!

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