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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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Warehouse Space Going For Premium Rates

PYMNTS

percent — the lowest such figure since 2001. Of the 57 major retail markets studied, 37 of them posted decreases to warehousing availability. Havsy estimated that 150 million square feet of industrial warehousing space would be added to the market by the end of 2016, though that’s a far cry from the 213.5

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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists. One study revealed that 73 percent of U.S. The market for such tools is ramping up as well, with more customers enrolling online and demanding quick, secure onboarding processes.

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Learning Lessons In International Education Payments

PYMNTS

million students left their homes to study abroad in 2017, up more than 100 percent from the 2.1 million who did so in 2001. These problems even plague international students studying in the U.S., That’s up 7 percentage points from a year earlier, showing the market for international education is growing. and Canada.

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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

A major Pew study found that as of 2018, millennials with college degrees and full-time jobs were earning roughly what Generation Xers made in 2001. According to a 2018 Federal Reserve study, those difficulties have considerably slowed millennials’ economic lives.

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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. Studies show that GDP growth is sub-par in scenarios where debt is above 90% of GDP for over five years.

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A Decline in Personal Savings

TrustBank

This is interesting because it’s largely in-line with the results of two recent studies by the US Federal Reserve Board ( Report on the Economic Well-Being of U.S. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

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