Raddon Report

You are here

Bill Handel

Vice President, Research

Bill Handel is a seasoned product development and management consultant who leverages his knowledge of consumer and business needs – along with his understanding of how financial services profitability is achieved – to help Raddon clients develop innovative product lines. Since he joined Raddon in the 1980s, he has developed a number of unique programs to help financial institutions manage their product lines. Handel also has written several books on financial services product pricing and development.

Raddon Report author posts

Thursday, October 3, 2019
Bill Handel

By now, you’ve likely heard discussion of a possible oncoming economic recession. The talk of an inverted yield curve and its predictive ability regarding recessions has been bandied about in the financial as well as the mainstream press.

Is a recession likely? The answer is an unqualified yes. But then again, the answer to that question is always yes. The real question is when it will come. And a related question is how severe it will be.

Thursday, February 28, 2019
Bill Handel

2018 was a good year for the economy generally and for the financial services industry.  We experienced reasonably good GDP growth, especially in the second and third quarters, and we spent the entire year at an unemployment rate of 4% or lower.  In the financial services sector, loan growth continued at a strong pace, to the point that many financial institutions are facing liquidity concerns and for the first time in over a decade are engaged in deposit wars.  Earnings also improved for the majority of financial institutions, a result of improving net interest margins helped by four rate

Thursday, February 7, 2019
Bill Handel

Every year Raddon publishes our set of predictions for the upcoming year.  Many publications offer predictions.  However, we also review the accuracy of our predictions one year later, which makes us somewhat unique in the realm of prognostication. 

Here are the predictions we offered up one year ago, along with an assessment of our foresight. Overall, our crystal ball was fairly clear.

Thursday, December 20, 2018
Bill Handel

In a not unexpected development, the Federal Reserve raised short term interest rates again at its Wednesday meeting this week.  This is the ninth rate hike since December 2015, and the fourth in 2018.  At the meeting, the Federal Reserve also indicated that the pace of rate increases is likely to slow in 2019.  What this means exactly is not certain, but the likelihood of four or even three rate increases in 2019 is not high.  In fact, 11 of 17 officials expect no more than two rate increases next year.

Thursday, August 2, 2018
Bill Handel

The release last week by the Commerce Department that GDP grew at an annualized rate of 4.1% in the second quarter was notable for several reasons.  First, as widely noted, this was the strongest economic growth seen since 2014.  Second, both consumer spending and business investment remained strong, with non-residential fixed investment up 7.3%.  Perhaps most symbolically, the U.S. is now at $20 trillion in annualized GDP. 

Thursday, February 8, 2018
Bill Handel

Early in 2017 we compiled our predictions for the upcoming year.  These were a mix of economic and industry predictions.  How accurate were these predictions? 
As it turns out, we were mostly on the mark in our predictions, at least in terms of direction if not always in magnitude.  Here is a review of our 2017 predictions and an assessment of the accuracy of each.

Thursday, January 11, 2018
Bill Handel

2017 proved to be a good year for the U.S. from an economic perspective and for the financial industry as well, with new record highs achieved in the stock market, much stronger GDP growth - especially in the second and third quarters, and continued improvement in real estate sales and values.  The industry showed continued improvement in earnings and also continued strong loan growth. 

Thursday, November 16, 2017
Bill Handel

Raddon held its first-ever national research conference in Chicago November 6-8.  The three day event was attended by over 250 C-level and marketing professionals from banks and credit unions across the United States, and the content featured Raddon’s own proprietary national consumer and small business research as well as several very informative keynote speakers and panelists.

Thursday, September 14, 2017
Bill Handel

Bill Handel, VP of Research and Chief Economist at Raddon, identifies positive trends in today's economy and discusses some potential danger signs to look out for.

Thursday, June 8, 2017
Bill Handel

While the election in November and resulting change in administration has been polarizing politically, it has simultaneously triggered a degree of enthusiasm among investors, consumers and small businesses.  This optimism is not seemingly driven by improvement in current economic activity, but instead seems to reflect a sense of greater optimism for the longer term. 

Thursday, March 9, 2017
Bill Handel

Welcome to the new home of the Raddon Report! We are excited to announce that Raddon Financial Group has launched a new website and updated its services and research offerings to continue providing the insights credit unions and banks need to thrive. We have also refreshed our brand to Raddon. Raddon remains focused on helping financial institutions gain competitive advantage and achieve growth, providing direction for prospering in the market and meeting consumers' evolving expectations.

Thursday, February 16, 2017
Bill Handel

Here at Raddon, we like to build segmentation schemes.  Splitting large populations into smaller groups helps to improve marketing by allowing institutions to speak to audiences in a more targeted way.

For example, from our previous Strategic Planning Study Group research, we’ve known for a long time that high earners – our Upscale Segment – bank differently than others.  They tend to invest more, are more likely to use major banks, and they are less likely to use debit cards.

Thursday, January 26, 2017
Bill Handel

As we had surmised in our predictions for  2016 article,  2016 did indeed turn out to be an interesting year in many ways – with nothing more interesting than November’s election results.  So how did we fare in our predictions for 2016? This article will take a quick look back at last year’s predictions to assess the accuracy of our crystal ball.

Tuesday, January 10, 2017
Bill Handel

What a difference a couple of months can make.  In the aftermath of the election, we have seen the stock market accelerate, consumer confidence soar, and small businesses assume a much greater level of optimism.  We have seen the Fed announce a significant change in its interest rate policy.  Due largely to December sales volume, 2016 was the single biggest year in new auto sales history.  In general, we are experiencing a sense of optimism we haven’t seen in nearly a decade.

Friday, February 5, 2016
Bill Handel

As 2016 unfolds, the challenges just keep on coming. Whether caused by geopolitical, economic or other factors, there is enough uncertainty to keep even the most intrepid prognosticator silent. Regardless, the Raddon Report continues its tradition of annual predictions.

Tuesday, January 19, 2016
Bill Handel

Now that 2015 is in the rearview window, it’s time to review how well Raddon fared in our annual economic predictions. How accurate were the predictions we made at the start of the year?

Thursday, October 22, 2015
Bill Handel

Raddon Financial Group Vice President of Research and Development, Bill Handel, discusses growing loans in a rising rate environment at Fiserv Forum Fall.

Thursday, February 26, 2015
Bill Handel

2014 proved to be an interesting year, both from an economics standpoint and from the perspective of the financial services industry. What’s on the horizon for 2015? This article will preview The Raddon Report’s predictions for the coming year.

Thursday, January 29, 2015
Bill Handel

How were our predictions for 2014?  Let’s look back on the predictions we posted early in 2014 regarding the economy and the industry, and see how we fared.

Thursday, June 5, 2014
Bill Handel

This post will examine an area that we view as a tremendous opportunity for financial institutions – wealth management. There are three reasons why wealth management services should be moving towards the top of management priorities.