The SIFMA Podcast

The financial system relies on short-term money markets every day to fund operations. A crucial but little-known market that ordinarily hums steadily along, this week we saw a shortage of cash cause a massive spike in repo rates. What happened? In this podcast, SIFMA president and CEO, Kenneth E. Bentsen, Jr. discusses the confluence of technical factors that caused the market dislocation - and wh...

A decade ago, the Federal Reserve implemented the Comprehensive Capital Analysis and Review (CCAR) process as part of its stress testing framework to assess and regulate capital sufficiency at large bank holding companies. A new study released by SIFMA uses statistical analysis of stress testing scenarios to answer a simple question: does the available evidence indicate that the current Global Mar...

SIFMA's survey of chief U.S. economists forecasts that the U.S. economy will grow 2.2% in 2019, a decrease from its end-year predictions. U.S. trade policy and China’s deteriorating economic conditions were among the most important considerations in the forecast change. Ellen Zentner, Managing Director and Chief U.S. Economist for Morgan Stanley and Chair of SIFMA's Economic Advisory Rou...

With the adoption of complex, conservative, prudential regulatory requirements, banks are now subject to multiple risk-based capital ratios, leverage ratios, capital buffers and Total Loss-Absorbing Capital (TLAC) ratios. As a result, they hold excessive levels of capital and liquidity that are increasingly disconnected from the level of risk they incur. Although these levels have undoubtedly incr...

SIFMA's survey of chief U.S. economists forecasts that the U.S. economy will grow 2.9% in 2018 and 2.6% in 2019, unchanged from its mid-year predictions. Michael Feroli, Chief U.S. Economist for J.P. Morgan and Chair of SIFMA's 2018 Economic Advisory Roundtable discusses the results from our latest survey. Read the full report:https://www.sifma.org/resources/research/us-economic-outlook-...

$200 trillion of financial contracts and securities are tied to LIBOR and that matters to everyone – small businesses, corporations, banks, dealers and investors. At SIFMA's 2018 Annual Meeting, Sandie O’Connor and David Bowman discuss how the Alternative Reference Rates Committee of the Federal Reserve - known as ARRC - is leading the U.S. transition the Secured Overnight Financing Rate, or...

SIFMA's survey of chief U.S. economists forecasts that the U.S. economy will grow 2.9% for the remainder of 2018, a significantly stronger prediction than their end-year forecast. Michael Feroli, Chief U.S. Economist for JPMorgan Chase & Co. and Chair of SIFMA's 2018 Economic Advisory Roundtable discusses the results from our latest survey. Read the full report:https://www.sifma.org/...

Welcome to SIFMA’s podcast from our annual State of the Industry media briefing. In this segment, our leadership discusses the state of the capital markets and priority issues for the financial services industry in 2018. Please welcome the Chair or our Board of Directors, Lisa Kidd Hunt, Executive Vice President, Business initiatives for Charles Schwab and SIFMA’s President and CEO, Kenneth E. Ben...

2017 End-Year Economic Outlook Podcast

Stuart Hoffman, senior vice president and chief economist for The PNC Financial Services Group and the 2016 Chair of SIFMA's Economic Advisory Roundtable, discusses the Roundtable's U.S. End-Year 2016 Economic Outlook.

Stuart Hoffman, Chair of SIFMA’s Economic Advisory Roundtable, discusses the Roundtable’s U.S. Mid-Year 2016 Economic Outlook. Survey results showed GDP outlook has decreased to a 1.8% increase from an expected 2.5% increase earlier this year. Respondents anticipated either one or two FOMC rate hikes for the rest of 2016 and expectations ranged from two to four rate hikes in 2017. In addition, sur...