Financial crises

Study: Uncertain Future Prompts U.S. Firms to Build Cash and Short-term Investments in Q2 2021

Retrieved on:

Monday, July 26, 2021

Financial crises, Economy, Banking, Balance of payments, International macroeconomics

While treasury and finance professionals are currently in a stronger financial position compared to last year, they continue to be cautious with their cash holdings due to future uncertainty.

Key Points:

While treasury and finance professionals are currently in a stronger financial position compared to last year, they continue to be cautious with their cash holdings due to future uncertainty.
Fifty-nine percent of organizations held greater cash and short-term investment balances at the end of Q2 2021 than they had one year earlier, while 14% held smaller cash balances relative to a year ago.
The difference of 45 is 16 points higher than the July 2020 reading, indicating a faster pace of cash accumulation than a year ago.
Organizations planning to increase their cash balance during Q3 are doing so primarily due to improved business performance.

Economy Transitioning from Consumer-Led Recovery to More Balanced Growth as Inflation Risks Remain

Retrieved on:

Monday, July 19, 2021

Inflation, Financial risk, Economy, Social groups, Economics, Financial crises

Risks to the forecast are weighted to the downside, including future COVID-19 developments, supply chain and labor shortages, and inflation risk.

Key Points:

Risks to the forecast are weighted to the downside, including future COVID-19 developments, supply chain and labor shortages, and inflation risk.
In addition to its upgraded home price growth projections, the ESR Group also lowered modestly its interest rate forecast.
Nevertheless, we expect home price growth to become one of the more persistent drivers of inflation going forward, as other, more transitory factors diminish."
We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

GTJAI Granted “Financial Institution Awards” by Bloomberg for 5 Consecutive Years

Retrieved on:

Monday, July 5, 2021

Banking, Professional services, Finance, Finance, Money, Financial law, Financial crises, S&P Global Ratings, Derivative, Long-Term Capital Management, Service companies

Long-standing Core Strength and Cornerstone for Development,

Key Points:

Long-standing Core Strength and Cornerstone for Development,
The Company values risk management as the primary core strength of a securities firm.
As of now, GTJAI has been assigned Baa2 and BBB+ long-term issuer ratings from Moody and Standard & Poor respectively.
While global financial markets have come to the era of digitalization, demand among high-net-worth clients for premium and efficient products keep emerging.
Currently, the Groups wealth management platform comprises of core professional teams including fin-tech, EAM, investment advisory, private client financial services and structural financial derivatives.

MAXEX Adds Lesley Goldwasser to Board of Directors

Retrieved on:

Tuesday, June 29, 2021

MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced today the addition of Lesley Goldwasser to the companys board of directors.

Key Points:

MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced today the addition of Lesley Goldwasser to the companys board of directors.
Lesley has been an important partner in the execution of MAXEXs vision from the beginning, said MAXEX Chairman and CEO Tom Pearce.
MAXEX has made important strides in increasing standardization, liquidity and transparency in the worlds largest and most complex credit market, Goldwasser said.
MAXEX is an Atlanta-based fintech company led by mortgage experts and financially backed by leading private equity and capital markets investors.

Vision Films' Prophetic Economic and Political Documentary 'Hot Money' Now Available Free on Amazon Prime

Retrieved on:

Tuesday, May 18, 2021

Financial crises, Economy, Business cycle, Economic bubble, Real estate bubble, Articles

Turn off the corporate noise machine and take a long, hard look at our unfolding reality.

Key Points:

Turn off the corporate noise machine and take a long, hard look at our unfolding reality.
Experts in energy, economics, law, banking, and real estate both entertain and educate on the prime force driving our world: debt.
Climate change effects on real estate value will act as a contagion on the financial system:\nClimate Real Estate Bubble.
Climate change produces political instability, which can happen here:\nThe January 6, 2021 event has been traumatizing to many.

Mid Penn Bank Originates Over $1 Billion in PPP Loans Helping to Save Over 89,000 Jobs

Retrieved on:

Wednesday, May 5, 2021

Bank, Economic history of Italy, Economy, Financial crises, Stock market crashes

The Small Business Administration backed loans received by these employers has allowed them to retain more than 34,000 workers on their payrolls.

Key Points:

The Small Business Administration backed loans received by these employers has allowed them to retain more than 34,000 workers on their payrolls.
Through both the 2020 and 2021 programs, Mid Penn Bank has funded more than 7,400 loans for over $1.0 billion.\n\xe2\x80\x9cThis unprecedented program has been a critical component of sustaining the economies in the markets we serve.
Mid Penn Bank operates retail locations throughout the state of Pennsylvania and has total assets of $3 billion.
To learn more about Mid Penn Bank, visit www.midpennbank.com .\n'

ViaDerma, Inc. Provides Preliminary Revenue Estimates and Highlights for its Record Breaking 1st Quarter

Retrieved on:

Thursday, April 8, 2021

Finance, Money, Convertible bond, Corporate finance, Economy, Debt, Financial crises

Estimated revenues for Q1, 2021 are expected to top $113,000 compared to total revenues of only $2,133 for Q1, 2020.

Key Points:

Estimated revenues for Q1, 2021 are expected to top $113,000 compared to total revenues of only $2,133 for Q1, 2020.
That represents more than 5000% growth over the same period last year.
The Company paid off all outstanding toxic convertible debt and is now completely debt free.
Additionally, ViaDerma expects to self-fund all operations from this point and does not expect to take on any future debt.

EU financial regulators warn of an expected deterioration of asset quality

Retrieved on:

Thursday, April 1, 2021

Money, Economy, Finance, Financial risk, Economic systems, Financial markets, Financial crises, Insurance industry, Systemic risk

The report highlights how the COVID-19 pandemic continues to weigh heavily on short-term recovery prospects.

Key Points:

The report highlights how the COVID-19 pandemic continues to weigh heavily on short-term recovery prospects.
It also highlights a number of vulnerabilities in the financial markets and warns of possible further market corrections.
Macroeconomic uncertainty was generally not reflected in asset valuations and market volatility which have recovered to pre-crisis levels, highlighting a continued risk of decoupling of valuations from economic fundamentals.
In addition, the Joint Committee also plays an important role in the exchange of information with the European Systemic Risk Board.

EU financial regulators warn of an expected deterioration of asset quality

Retrieved on:

Thursday, April 1, 2021

Money, Economy, Finance, Financial risk, Economic systems, Financial markets, Financial crises, Insurance industry, Systemic risk

The report highlights how the COVID-19 pandemic continues to weigh heavily on short-term recovery prospects.

Key Points:

The report highlights how the COVID-19 pandemic continues to weigh heavily on short-term recovery prospects.
It also highlights a number of vulnerabilities in the financial markets and warns of possible further market corrections.
Macroeconomic uncertainty was generally not reflected in asset valuations and market volatility which have recovered to pre-crisis levels, highlighting a continued risk of decoupling of valuations from economic fundamentals.
In addition, the Joint Committee also plays an important role in the exchange of information with the European Systemic Risk Board.

Wells Fargo: Overall Investor Optimism Dips in First Quarter, Black and African American Investors Signal Brighter Outlook Ahead

Retrieved on:

Tuesday, March 30, 2021

Finance, Other Consumer, Banking, Consumer, Professional services, Investment, Financial crises, Behavioral finance, Financial markets, Private equity, the Wells Fargo/Gallup Investor and Retirement Optimism Index, Wells Fargo

While Black and African American investors reported higher optimism, some cited negative impact on finances

Key Points:

While Black and African American investors reported higher optimism, some cited negative impact on finances
Despite the downtick in overall investor optimism, Black and African American investors overall optimism score was +101, significantly higher than the national average.
Looking at Black and African American investors long-term financial health, nearly all (87%) Black and African American investors reported having a retirement savings plan (similar to 89% among all investors).
In fact, Black and African American investors were six percentage points more likely than all investors to have done so (84% of Black and African American investors vs. 78% of all investors).
This quarters poll includes an oversample of Black and African American investors, resulting in a total of 573 Black and African American investors included in this survey.