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Credit Union Consultancy Services

News

Welcome to Credit Union Consultancy Services news area. Each month we bring you a short selection of the most relevant up to date topics we feel will be of interest to our Credit Unions.

Issue no. 19

8 June 2022

In this months newsletter, Davy Chief Economist, Conall MacCoille, gives his views on Irish Gross Domestic Product (GDP) growth and Consumer Price Index (CPI) inflation in an in-depth forecast report, Donough Kilmurray, Chief Investment Officer discusses what happened in the markets in May and Kevin Walsh, Senior Investment Strategist discusses the US bond market and the looming inflationary pressures.

Read the June 2022 Issue

Credit Unions June Newsletter image of a watering can, red boots and some flowers

Issue no. 18

9 May 2022

This month Donough Kilmurray, Chief Investment Officer discusses the Federal Reserve inflation fears along with the recent Eurozone positive growth for Q1, while Kevin Walsh, Senior Investment Strategist reviews the bond market and gives us a detailed review of what intervention maybe required by government and the Central Bank in light of the unprecedented demands on the economy.

Read the May 2022 Issue

Credit Union Consultancy Services May image of wellington boots filled with daffodils

Issue no. 17

7 April 2022

In our newsletter this month, Kevin Walsh, Senior Investment Strategist reviews the bond market, Donough Kilmurray, Chief Investment Officer discusses the rise in Federal Reserve rates and its effect on the market along with the sanctions imposed on Russia and Anna Heaney, Investment Associate discusses whether crisis in both the past and presence will inevitably make us more risk-averse.

Read the April 2022 Issue

April newsletter image of a kid dancing in the rain

Issue no. 16

2 March 2022

This month Kevin Walsh, Senior Investment Strategist reviews the bond market and the recent knock on effect of the Russian invasion of Ukraine, along with an in-depth discussion on the energy crisis. Donough Kilmurray, Chief Investment Officer looks back on February and the potential increase in rates and the further rise in inflation.

Read the March 2022 Issue

Credit Union Consultancy Services Newsletter March image of a field of shamrocks

Issue no. 15

7 February 2022

In this month’s newsletter Kevin Walsh, Senior Investment Strategist reviews the bond market and the recent selloff in risk markets in the past month and Donough Kilmurray, Chief Investment Officer looks back on January while Anna Heaney, Investment Associate discusses what’s driving the great resignation and the chronic shortage in the labour market.

Read the February 2022 Issue

Credit Union Consultancy Services Newsletter image of an icy road

Issue no. 14

10 January 2022

In this month’s newsletter Conall MacCoille, Davy Chief Economist discusses his outlook for 2022, Kevin Walsh, Senior Investment Strategist reviews the bond market and the recent Central Bank report on the Financial Conditions of Credit Unions and we have two very interesting articles from Donough Kilmurray our Chief Investment Officer and Stephen Grissing our Investment Strategist on the investment outlook and fixed income.

Read the January 2022 Issue

Credit Union Consultancy Services image of snow on a tree branch

Issue no. 13

8 December 2021

In this months newsletter Donough Kilmurray, our Chief Investment Officer discusses what’s causing the large increase in energy prices and inflation while Kevin Walsh, Senior Investment Strategist, Davy reviews the recent report from the Regulator of Credit Unions (RCU) in the Central Bank and the findings they have made in relation to credit union investment portfolios, along with his review of the bond market over the past month.

Read the December 2021 Issue

Credit Union Decmber Newsletter

Issue no. 12

5 November 2021

This month we have a bumper newsletter with articles from Donough Kilmurray, Chief Investment Officer on the recent volatility in the bond market, an update from Conall MacCoille our Chief Economist on the increase in GDP (Gross Domestic Product) and a very interesting article from Anna Heaney, Investment Associate on the similarities and learnings from post war 1920’s to our experiences of 2021.

Read the November 2021 Issue

Credit Union Consultancy Services November Newsletter image of leaves on a forrest floor

Issue no. 11

6 October 2021

In our newsletter this month Donough Kilmurray, Chief Investment Officer discusses rate hikes, the reversal of QE and the European Central Banks proposal to slow down its monthly bond purchases while Kevin Walsh, Senior Investment Strategist looks into the upcoming affect of inflation and the rising consumer costs.

Read the October 2021 Issue

October newsletter image of pumpkins

Issue no. 10

8 September 2021

This month we discuss what role credit unions are playing when it comes to ESG, Kevin Walsh, Senior Investment Strategist reviews the bond market while Donough Kilmurray, Chief Investment Officer discusses the unexpectedly strong Q2 earnings which have buoyed the stock markets over the last few weeks.

Read the September 2021 Issue

Credit Union Consultancy Services September Newsletter image of Autumn leaves

Issue no. 9

6 August 2021

This month our emphasis is on the bond market rally, with prices up and yields down Kevin Walsh, Senior Investment Strategist discusses what the real issues are at play. Stephen Grissing, Investment Strategist contemplates if we are entering the next supercycle and Donough Kilmurray, Chief Investment Officer analyzes the economic recovery against the ever increasing spike in inflation.

Read the August 2021 Issue

Credit Union Newsletter Issue 9 August image of a field of wheat

Issue no. 8

8 July 2021

This month Donough Kilmurray, Chief Investment Officer discusses the 5% rise in CPI in the US and the effects of inflation. Kevin Walsh our Senior Investment Strategist gives us his monthly bond update and also discusses the fall in demand of cash and the rise of digital currency.

Read the July 2021 Issue

Credit Unions July newsletter image of the ocean

Issue no. 7

10 June 2021

This month, Donough Kilmurray our Chief Investment Officer discusses inflation in the US which was again the biggest economic news of the month, where the headline year-on-year rate rose to 4.2%. Kevin Walsh our Senior Investment Strategist gives us his monthly bond review across Europe and the US along with his insight on the Central Banks latest update on the Irish economy and the high level of savings within household sector.

Read the June 2021 Issue

Credit Union Consultancy Services June Newsletter image of a summer meadow

Issue no. 6

7 May 2021

This month, Conall MacCoille our Chief Economist discusses the marked pick up in business and customer confidence which is edging towards pre-pandemic levels, Donough Kilmurray, our Chief Investment Officer, reviews the US economic growth versus the Eurozone registered contraction. Anna Heaney - Investment Associate discusses the corrosive impact of inflation on the economy and Kevin Walsh our Senior Investment Strategist gives us his monthly bond review across Europe and the US.

Read the May 2021 Issue

Credit Union Consultancy Services May 2021 Newsletter image of some summer flowers

Issue no. 5

5 April 2021

This month, Kevin Walsh our Senior Investment Strategist discusses the challenging financial conditions and concerns which credit unions are currently facing, along with his analysis on the growing debate about inflation. While Donough Kilmurray, our Chief Investment Officer, reviews the massive spending plan that President Biden in the US is hoping to push through in the coming months, and the resurgence in growth which is expected in the UK due to the successful Covid vaccine roll out.

Read the April 2021 Issue

Credit Union Newsletter image of a daffodil in the snow

Issue no. 4

5 February 2021

This month we focus on the latest developments in the Eurozone bond market and Kevin Walsh, our Senior Investment Strategist, discusses the recent credit union sector CXi (Customer Experience) Survey win along with improvements which credit unions could make to their business models for the future.

Read the February 2021 Issue

Credit Union Newsletter image of a flowers in Winter

Issue no. 3

7 January 2021

This month Aidan Donnelly Head of Equities, Davy Private Clients discusses the political divide in the US on the eve of incoming US President Joe Biden’s inauguration, Kevin Walsh - Senior Investment Strategist breaks down the last month in the bond market while Neil Connaughton - Ass. Director discusses key learnings from the last 3 lockdowns.

Read the January 2021 Issue

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Issue no. 2

4 December 2020

In our newsletter this month Donough Kilmurray, Chief Investment Officer reviews the past months US election and vaccine news which proved as rocket fuel for a November stock market rally, delivering double-digit returns across most countries and sectors. Kevin Walsh – Senior Investment Strategist discusses the increase in interest rates and bond yields on the back of vaccine news and political developments mid-month along with a special report on the Central Bank of Ireland Quarterly Financial Accounts (QFA).

Read the December 2020 Issue

Credit Union Newsletter illustration of a person thinking

Issue no. 1

3 November 2020

In our first issue of our newsletter Donough Kilmurray, Chief Investment Officer discusses the UK-EU Brexit negotiations along with the US election race, while Kevin Walsh - Senior Investment Strategist reviews the European Central Bank (ECB) bond purchase program and the Pandemic Unemployment Payment (PUP) along with a spotlight on the upcoming Brexit implications for Ireland and Northern Ireland.

Read the November 2020 Issue

Credit Union Newsletter illustration of a person thinking