I work for a mid to large sized bank in MO. Our president and CEO went to the American Banker Association meeting last month. They are anticipating the economy to continue on the downhill slide until mid 2010. Then things are supposed to start picking up.
personally I believe things with the economy will be on the downward slide till late 2010 then start to pick up. Seems the bank mgmt is always about 6-12 months late in their predictions.
|