Jeff For Banks

JANUARY 18, 2014

He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. No wonder retailers were slashing prices for the Christmas holiday spending season. Real GDP grew by 4.1%

Philadelphia 83

Philadelphia Policies US Marketing 83

Jeff For Banks

APRIL 27, 2019

The economy is slowing, as seen in the auto, housing, manufacturing, and retail sectors. The impact of the tax cuts has faded. However, don’t count on the usual spending boost from personal tax refunds as they are down by over $6 billion from this time last year. Who said anything about rate cuts? Prayers and thanks for reading!

Marketing 60

Marketing Community Taxes Community Bank 60

Jeff For Banks

JULY 8, 2017

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

Marketing 60

Marketing Community Bank Security Data 60

Jeff For Banks

APRIL 22, 2018

Tax cuts are adding stimulus and leading to improved business and consumer optimism, but there are some offsetting factors in the form of Fed tightening, low productivity, and large levels of debt, especially at the federal government as they fund what could be a $1 trillion plus deficit this fiscal year. Gas prices remain below $3.00

Marketing 60

Marketing Philadelphia social media Taxes 60