Jeff For Banks

NOVEMBER 1, 2017

Actually, the forecast for 2018 to 2020 is also 2%. All of this is happening while the markets widely expect the President to nominate a new Federal Reserve Chair to replace Janet Yellen, whose term as Chair ends in February, 2018. Tax cut and tax reform proposals have been floated. What else is new?

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Jeff For Banks

FEBRUARY 1, 2019

US stocks erased all gains in 2018 and ended the year down 4% to 6%. For the month of December, 2018, the major indices were down about 9%, which was the worst December stock performance since 1931. 19% at year-end, 2018, down from.52% 23% at the end of 2018, from 1.02% one year earlier. 52% at the end of 2017.

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PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., and every consumer and business with a bank account, regardless of where they bank.

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Jeff For Banks

JULY 8, 2017

Incidentally, Chair Janet Yellen’s term at the Fed expires in February, 2018. DJ 07/04/17 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. That may be just in time for the easing to begin.

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Gonzobanker

DECEMBER 19, 2017

Endless CRM and data management projects that shook our foundations and gutted our PMOs. THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. This year brought us: Mergers out the yin-yang.

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Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. We’ve seen the big Wall Street banks raise the hurdle (and clear it!) about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! THE BANKING AWARDS. Let’s think.

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Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA.

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Jeff For Banks

APRIL 22, 2018

Now, if Mother Nature would cooperate… Volatility The markets have been incredibly volatile in the first quarter of 2018. Welcome to 2018! During March, 2018, Powell and the Fed increased rates by.25% Businesses should do well as they bask in the lower corporate tax rate, which fell from 35% to 21% at the beginning of 2018.

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Jeff For Banks

FEBRUARY 3, 2017

In the past ten years, the economy has not managed even one year of 3.0%+ growth. Corporate and personal tax cuts were promised, with the corporate rate dropping from 35% to 15%. I saw an estimate that 50% of the effect of tax cuts flows through to growth in the first eighteen months. and 2018 at 1.8% since 2009.

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Jeff For Banks

NOVEMBER 16, 2020

The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. Did you manage a vacation over the summer? Dorothy has been with Penn Community Bank and its predecessor since November, 2004. A great GDP growth number for the third quarter of +33.1%

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