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Timely Prediction, Untimely Publication

I greatly appreciate the opportunity to share my views through a respected publication, like Credit Union Journal, so I was pleased to see the piece I wrote regarding the likelihood of a Fed rate hike this year, which was published in the Oct. 6 edition.

However, considering that the Fed fulfilled my prediction that its next policy move would be a cut, the very week the piece was published, I'd like to point out to Journal readers that this article was actually written and submitted in July, which makes my prognosticating abilities (or luck) appear at least somewhat stronger-though I did state that they were unlikely to do anything before the election.

Regards, and keep up the good work.

Brian Hague, CEO

CNBS, LLC

Overland Park, Kan.

 

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Credit Union Journal encourages reader feedback. Letters to the Editor can be sent to Managing Editor Lisa Freeman at lfreeman@cujournal.com. Letters can also be faxed to 561-832-2939 or submitted online at www.cujournal.com.

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