As a Treasury as a Service (TaaS) platform, our cash management team pays a lot of attention to the economic environment. We want to share some current macroeconomic insights that CFOs and business leaders can use when planning and optimizing their company finances.
Comments (December 2022): The probability of recession over the next 12 months has risen from about 60% last month to roughly 90% this month. This is in line with most estimates on Wall Street that a recession will happen in 2023.
Read more about Treasure's data-driven economic indicators in our blog.
* Based on the average annual excess returns of hypothetical back-tested performance of the funds being used in the current Treasure Managed Income portfolio from 2013 to present and the current Federal Funds Rate. (Although Treasure did not exist in 2013, all funds in existence since 2013.). Results are shown net of fees. Hypothetical back-tested performance is not a guarantee of future performance and actual results will vary. Returns are subject to change daily. Source: Bloomberg.
** Treasure Cash accounts are held at Grasshopper Bank, N.A., our FDIC partner bank. Based on national average checking account rates as of 4/17/2023. Source: FDIC.
