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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!” A Long, Cold December I could just scream! The spread between 3 month and 10 year Treasuries is not much better, dropping to.23%

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A Decline in Personal Savings

TrustBank

The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%. The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. From 1990-2004, US home ownership rose 7.45% to 69.2%

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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. Date : September 2005. Google and Motorola. Date: August 15, 2011. ” 11.

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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Graduating from there is like facing the job market with a resume boasting summer internships at Google, Facebook AND Goldman Sachs. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies.

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Zopa Partners with Equifax, Boosting its Risk Profiling Capabilities

Fintech Labs Insights

And while Zopa and Equifax have had been working together since 2005, the new agreement gives Zopa “deeper insights into customer behavior” that should result in a better performing loan portfolio for Zopa and better rates for many customers. Our two-day conference returns to Old Billingsgate Market Hall on February 9 & 10.

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BizFi Reaches $1.8 Billion Small Business Lending Milestone

Fintech Labs Insights

Courtesy of more than $144 million in originations in the second quarter, small business lending platform Bizfi has just surpassed $1.8 This enables Bizfi to provide access to third party brokers and a direct sales force, cash advances and small business loans, as well as a market that enables institutional investors to participate.

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The 238 Fintech Unicorns of the 21st Century (Sep 2021)

Fintech Labs Insights

Their total market value is now $2.21 Total market value = $2.21 Secondary market May 21. At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). In August, we added 17 new unicorns for a total of 238. trillion, up $100B from last month. 14 born this month (see below). _.

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