Economic bubbles

Horizon Bancorp, Inc. Releases 2nd Quarter 2021 Financial Highlights, Including Net Earnings of $1,383,000 or $0.33 Per Share, Net Loan Growth (Excluding PPP) of $16,652,000, and Improving Asset Quality Metrics

Retrieved on: 
Friday, July 23, 2021

Earnings were also influenced by a further reduction in cost of funds, net commercial loan growth, and the performance of the government guaranteed loan division.

Key Points: 
  • Earnings were also influenced by a further reduction in cost of funds, net commercial loan growth, and the performance of the government guaranteed loan division.
  • Our primary focus has been on commercial loan production, further reducing the banks cost of funds, and enhancing non-interest income.
  • Credit quality metrics are shown in the following table and reflect improvements quarter over quarter and year over year in nonaccrual loans and nonperforming assets.
  • The bank maintains an ample allowance for loan and lease loss at 1.48% of total outstanding loans, and this is inclusive of PPP.

WallStreetBets Launches Blockchain-powered Application to Decentralize Indices

Retrieved on: 
Tuesday, May 4, 2021

Although similar to index funds, offering investors exposure to a variety of assets, ETPs can be run in a completely decentralized manner.

Key Points: 
  • Although similar to index funds, offering investors exposure to a variety of assets, ETPs can be run in a completely decentralized manner.
  • \xe2\x80\x9cIt will result in stronger, more democratized markets and will empower individuals around the world.
  • "\nBorn in the ashes of the global financial crisis, starting with the Occupy Movement, WallStreetBets has gained a massive organic following on social platforms.
  • We then tried to beat Wall Street insiders at their own game by short squeezing them to near bankruptcy.

Business Capital (BizCap®) Expands Credit Team

Retrieved on: 
Tuesday, May 4, 2021

b'SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) -- BizCap \xc2\xae (Business Capital), a leading commercial finance and advisory firm, is expanding its team with the recent addition of Cooper Brown as an Analyst, assisting the credit and capital markets departments with underwriting, syndication, debt market analysis and reporting.\n\xe2\x80\x9cWe are very excited to have Cooper on board.

Key Points: 
  • b'SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) -- BizCap \xc2\xae (Business Capital), a leading commercial finance and advisory firm, is expanding its team with the recent addition of Cooper Brown as an Analyst, assisting the credit and capital markets departments with underwriting, syndication, debt market analysis and reporting.\n\xe2\x80\x9cWe are very excited to have Cooper on board.
  • His Investment Banking experience will be a great asset to our team and further our goals of being highly responsive to clients and partners and moving transactions forward with speed and certainty.
  • Previously, Cooper worked as an Investment Banking Summer Analyst for Credit Suisse in the Corporate Debt Derivatives group, where he collaborated with the Debt Capital Markets and Leveraged Finance product groups to develop interest rate hedging strategies for corporate clients.
  • His prior experience also includes internships with PricewaterhouseCoopers and River Cities Capital Funds.

Pinnacle Bankshares Corporation Announces First Quarter 2021 Earnings

Retrieved on: 
Friday, April 30, 2021

The allowance for loan losses was $3,529,000 as of March 31, 2021, representing 0.62% of total loans outstanding.

Key Points: 
  • The allowance for loan losses was $3,529,000 as of March 31, 2021, representing 0.62% of total loans outstanding.
  • The net credit mark on loans purchased from Virginia Bank as of March 31, 2021 was $2,805,000.
  • Non-performing loans to total loans decreased to 0.14% as of March 31, 2021, compared to 0.20% as of year-end 2020.
  • Allowance coverage of non-performing loans was 457% as of the end of the quarter compared to 366% as of year-end 2020.

Realtor.com® Housing Report: Homes Sell Faster Than Ever as Sellers Return to the Market in April

Retrieved on: 
Thursday, April 29, 2021

"That lack of activity is causing this year\'s more normal trends to look like a huge improvement, and it is.

Key Points: 
  • "That lack of activity is causing this year\'s more normal trends to look like a huge improvement, and it is.
  • Home prices are continuing to surge and sales are occurring nearly three weeks faster than a normal spring home-buying season.
  • "\nHale said she expects more homeowners to put their homes on the market in the coming months.
  • Five of the top 50 largest markets are seeing homes sell in less than three weeks on average.

Isabel Schnabel: Interview with Der Spiegel

Retrieved on: 
Saturday, April 10, 2021

Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Tim Bartz and Stefan Kaiser on 1 April and published on 9 April 2021, in print on 10 April 2021In the United States, the cyclically adjusted price/earnings ratio is now higher than it was before the financial crisis of 2008.

Key Points: 

Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Tim Bartz and Stefan Kaiser on 1 April and published on 9 April 2021, in print on 10 April 2021

    • In the United States, the cyclically adjusted price/earnings ratio is now higher than it was before the financial crisis of 2008.
    • Have equity and real estate prices reached such heights again that they are bound to implode at some point?
    • The collapse of the US hedge fund Archegos has just generated multi-billion losses for large banks such as Credit Suisse and Nomura.
    • There is a need to scrutinise the reasons why the banks enabled the fund to leverage up to such an extent.
    • The institutions thought that their loans were collateralised by the equity stakes held by Archegos.
    • But as the fund was forced to sell these stakes quickly and the prices were plummeting, the collateral was no longer worth much.
    • We can be glad that the effect has been limited to just a few players.
    • That sounds as if the financial sectors avoidance of more serious consequences was more down to luck than good judgement.
    • It is thanks to regulation that the banks have sufficient capital to cushion losses of that nature.
    • But more is to be done when it comes to funds, because their regulation is predominantly geared towards protecting investors.
    • Nonetheless, it is a warning signal that there are considerable systemic risks that need to be better regulated.
    • Are you worried about the prospect of a new, hitherto unregulated currency emerging alongside the euro, dollar and the like?
    • In our view it is wrong to describe bitcoin as a currency, because it does not fulfil the basic properties of money.
    • What really matters, though, is that the European economy takes off again, in which case the debt will also be manageable.
    • All decision-makers, and that includes the ECB, need to ask themselves what they can contribute within their respective mandates.
    • First, climate change has a massive impact on the economy, due to natural disasters for instance, and hence also on price stability.
    • And second, the ECBs mandate requires it to support the EUs economic policy, in which climate protection plays a leading role.

Global Lending Market Report 2021: COVID-19 Impact and Recovery to 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 8, 2021

The "Lending Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Lending Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Lending Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global lending market as it emerges from the COVID-19 shut down.
  • The lending market is segmented into corporate lending; household lending and government lending.
  • Western Europe was the largest region in the global lending market, accounting for 35% of the market in 2020.

Pent-up demand, low interest rates and homebuyer behavior driving housing markets so far during COVID-19

Retrieved on: 
Thursday, February 25, 2021

The economy and housing markets were stronger over the summer and fall than we had initially forecasted early in the pandemic.

Key Points: 
  • The economy and housing markets were stronger over the summer and fall than we had initially forecasted early in the pandemic.
  • We also examine differences between our forecasts for home sales and prices and how major housing markets actually evolved throughout the pandemic.
  • The reassurance of low and stable interest rates combined with higher savings appear to have encouraged many households to fund home purchases.
  • Although housing activity in most major markets has been unexpectedly strong during the pandemic, we remain concerned about major risks.

World Activated Carbon Market Analysis, Forecast, Size, Trends and Insights 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 23, 2021

The "World - Activated Carbon - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World - Activated Carbon - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.
  • The report provides an in-depth analysis of supply and demand for activated carbon on the global market.
  • This report contains the latest data on market trends and opportunities, consumption, production, imports, exports and price developments.
  • This report is designed for manufacturers, distributors, importers, and wholesalers of activated carbon , as well as for investors, consultants and advisors.

U.S. Median Home Asking Prices Hit a New High, Up 10% From Last Year

Retrieved on: 
Friday, February 5, 2021

In a typical year asking prices do not pass the previous year's peak until March.

Key Points: 
  • In a typical year asking prices do not pass the previous year's peak until March.
  • This early spike in asking prices suggests that this coming spring will see stronger price growth than is typical this time of year.
  • Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending January 31.
  • New listings of homes for sale were down 12% from a year earlierthe largest decline since May.