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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. The chart showed eerily similar patterns of declines in 1990 and 2000-2001. But not in this market. Now, all of our hopes ride with the Eagles.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. Although business confidence fell from the uncertainty, stock markets were reaching new record highs on many of indices. from 1991 to 2001. What an amazing ride it’s been this year for bonds!

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

We have one year to go to match the longest expansion since World War II, which was the prosperous period engineered by Maestro Greenspan from March, 1991 to March, 2001. 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.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After a lengthy stretch of strong economic growth and stock market gains, the inevitable correction arrived with force in the fourth quarter, culminating with a December that can only be described as “tres terrible!” Dorothy has been with Penn Community Bank and its predecessor since November, 2004. 50% between 2 and 10 years.

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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. community banks and small business lending. The one million euros will be spent through 2019, according to reports.

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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. Where could they make a difference, be a first mover, corner a market? But what about Bank of New York Mellon. Below is their segment reporting from 2001 and 2010.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The longest expansion on record was from March, 1991 to March, 2001, with growth of 3.6%, engineered by Maestro Greenspan. Trade wars and tariffs dominated the market discussion in the third quarter with talk quieting down for now. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.