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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Unsurprisingly, the largest declines occurred starting monthly in March, 2006 and on a y-o-y basis in September, 2006 and continued to November, 2009.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

annually since 2009, while the record expansion of the 1990s saw growth of 3.6%. There are some signs of slowing in the housing markets; both existing and new home sales in June fell amidst rising mortgage rates and fewer gains in home prices. One of the causes of low growth since 2009 is uncovered! The economy has grown 2.2%

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Guest Post: Financial Markets & Economics Update by banker Dorothy Jaworski

Jeff For Banks

The markets are taking it all in stride, rallying strongly for most of this week and they seem more grateful for the prospect of a divided Congress, i.e, The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. The national unemployment rate peaked at 14.7% in October.

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Russian Credit Health Keeps Rising

FICO

Just as millions of Americans check their FICO Scores to see how their credit is doing, FICO and the National Bureau of Credit Histories (NBKI), Russia’s leading credit bureau, keep tabs on the health of Russian consumers. The base was set at 100 in July 2009, and it climbed until the end of October 2011.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. Best of luck in the next chapter, Chris! Might be time to.

Idaho 148
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U.S. Credit Scoring Trends to Watch in 2019

FICO

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Speaking of emerging pressures, will 2019 be the year that the streak of 8+ consecutive years of increases in the average national FICO® Score comes to an end? Average FICO Score — Has It Peaked?

Trends 63
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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

They need a marketing person to title their reports. To summarize, banking institutions exceeding the concentration levels should have in place enhanced credit risk controls, including stress testing of CRE, and may be subject to further supervisory analysis. Risk mitigants tend to lag growth, especially fast growth.

Lending 60