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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972.

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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. Thanks for reading and Happy New Year!

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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. Spending has been weak since December and the savings rate has risen to 5.8%, which is the highest since December, 2012. So will the Fed raise rates in 2015? Only they know for sure.

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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. The Federal Reserve will keep the short term Fed Funds rate at 0% to 0.25% well into 2011 and likely into 2012. Thanks for reading!

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Guest Post: Financial Markets & Economics Update by banker Dorothy Jaworski

Jeff For Banks

The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. Moody’s estimates that there is $70 billion in back rent across the nation. By the way, our economy has done better than all other nations; for example, Europe is 4.3% in the second quarter and -5.0%