2009 Financial Institutions Conference. Armonk Conference Center, NY April 3, 2009. 0. Is the U.S. economy. Stabilizing Getting worse Improving. 0. Economic conditions will bottom. 2Q ‘09 3Q ‘09 4Q ’09 Early 2010 Late 2010 or 2011 Later. 0. Unemployment will peak at. 8.5% 9%
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
SHORT DATED VOL: Realized vol for the last 60 trading sessions is about 10.5 bps per day for the 7y swap, 3 months forward. At some point over the balance of 2009, I expect to see realized vol:
Increase to above 13.0 bps per day.
Increase to between 11.5 and 13.0 bps per day.
Remain range bound between 9.5 - 11.5 bps per day.
Decrease to between 8.0 - 9.5 bps per day
Decrease to below 8.0 bps per day
Increase to above 8.0 bps per day
Increase to between 7.0 - 8.0 bps per day
Remain between 6.0 - 7.0 bps per day
Decrease to between 5.0 - 6.0 bps per day
Decrease to below 5.0 bps per day
Hold the same