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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. But not in this market. Stock markets have been very volatile and are mostly down since the summer months. for the Case Shiller 20, +2.6%

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Guest Post: 2nd Quarter 2022 Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update -Fourth Quarter 2022 What a year 2022 has been! We’ve seen tremendous market declines in both stocks and bonds, volatility, and a Federal Reserve who is raising interest rates at a breathtaking pace. Housing markets have suffered, with mortgage rates climbing up to 7.00%. in September.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Readers note: You can also view this post on Penn Community Bank's website. Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. and promised trillions of dollars to stabilize the markets. Click here. Restaurants are closed.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

There are some signs of slowing in the housing markets; both existing and new home sales in June fell amidst rising mortgage rates and fewer gains in home prices. In our local area, we are still seeing modest growth in Philadelphia and surrounding counties. Consider the trade wars and tariffs. for the year ending June, 2016, +5.6%

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Never Satisfied The markets never seem to be satisfied. The Federal Reserve recently took heed of market and economic messages, ending its tightening campaign and beginning its “patience” campaign. The markets hardly seemed satisfied with these two moves as they began building in rate cuts. A Win for the Ages !

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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!” Dorothy has been with Penn Community Bank and its predecessor since November, 2004. 50% between 2 and 10 years.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Financial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. Although business confidence fell from the uncertainty, stock markets were reaching new record highs on many of indices. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.