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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Real GDP was +3.2%

Marketing 146
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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. In 2Q18, Bucks County median prices rose year-over-year by 3.9%, compared to the national Case Shiller index at over 6.0%.

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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently. The “Fiscal Cliff” Who in their right minds would have so many critical tax codes and laws expiring all on the same year-end date? The tax bracket changes become permanent and that will allow planning to resume.

Taxes 71
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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

He said we should use a measure of happiness like that used by the tiny Himalayan nation of Bhutan, which utilizes a Gross National Happiness index rather than a Gross National Product index for its 700,000 people. Maybe it is nationally, but Bucks County (PA) has yet to participate. in July and CoreLogic, +4.6%

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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

Many businesses remain uncertain due to the increased regulatory burden, the drama in the insurance markets due to Obamacare, income tax changes, and a still high unemployment rate at 7%, which serves to keep personal incomes in check and consumer spending under wraps. Dorothy has been with First Federal of Bucks County since November, 2004.

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Guest Post: First Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

Falling oil prices, and falling gasoline prices, are like a welcome tax cut for consumers who are saddled with low wage growth and lack of good jobs. This is another factor that will be considered by the Fed; a strong dollar will support lower interest rates as demand for US securities increases relative to the bonds of other nations.

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Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Well, if you are NBER, or National Bureau for Economic Research, and you wait fifteen months to declare that the recession was over in June, 2009 (its duration was 19 months), no one will care. Dorothy has been with First Federal of Bucks County since November, 2004. Uncertainty about a housing recovery has been holding back growth.

Taxes 60