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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. From Q2 of 1993 through the end of 2007, household debt as a percentage of disposable personal income climbed by 26% to13.1%. What followed was a new level of prosperity.

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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. We have a long way to go before recapturing the home price highs of 2006 and 2007, but it is a start. The tax bracket changes become permanent and that will allow planning to resume. Oh, wait, our Congress!

Taxes 71
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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

Construction concentration criteria : Loans for construction, land, and land development (CLD) represent 100% or more of a banking institution's total risk-based capital. The Great Recession lasted from the fourth quarter 2007 through the second quarter 2009, according to the National Bureau of Economic Research.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

If I said it once, I said it one thousand times: “My biggest fear is that the Fed is sowing the seeds of the next crisis with their flatter yield curve tricks, leaving many investors holding these low yielding long bonds when rates rise in future years, unable to get out without substantial capital losses.” We should all be so lucky.

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2021 GonzoBanker Awards

Gonzobanker

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! Chuck Snyder, chief executive of National Cooperative Bank (NCB). From nowhere, sizable regional players are being created.

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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. and Janney Capital Markets at 2.1% Just saying.

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My top five Decentralized Finance predictions for 2020

Lex Sokolin

According to Blockchain Capital below, nearly 40% of the stablecoin market is Ethereum-based Tether, accounting for 80% of transaction value overall. It’s like watching Mint.com emerge in 2007. Nearly every nation on the face of the Earth is trying to understand what it means to launch a Central Bank Digital Currency (CBDC).