Remove 2004 Remove Lending Remove Marketing Remove Taxes
article thumbnail

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.

article thumbnail

A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

US 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

FDIC 78
article thumbnail

Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

What are the Markets Thinking? Bond markets have been the big winners in the third quarter. Stock markets performed exceptionally well in September after a summer selloff that took the Dow below the 10,000 level again. Still, with stock markets having done so well during September, I would have expected rates to rise somewhat.

Taxes 60
article thumbnail

Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

First of all, if they continue to buy securities, they are removing many of the high quality securities from the marketplace, possibly causing a disruption or shortage in the markets. We may be skeptical, but the markets keep telling us: Don’t fight the Fed! Dorothy has been with First Federal of Bucks County since November, 2004.

article thumbnail

Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Another Volatile Quarter I know I risk sounding too negative, but we cannot seem to shake the crisis mentality that keeps whipsawing bond and stock markets. There has been a lot of talk about rescues from the European Union, but the markets want action. So why were the markets disappointed in the Fed’s forward guidance?

DC 66
article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

In a deal that aimed to open the Chinese coal markets, US heavy-equipment behemoth Caterpillar paid $677M in 2012 to acquire ERA Mining Machinery Ltd. The Chinese coal market is one of the biggest in the world and this deal looked like easy money. a leading producer of hydraulic coal-mine roof supports in China. Google and Motorola.

Google 76