by Cole Gottlieb | May 7, 2023 | Blog
Happy Sunday, The Fed hikes again but signals a pause is possible. Job market data. Treasury announces buyback program. FDIC deposit insurance report recommends “targeted coverage” expansion. Apple users put nearly $1Bn in new savings accounts. Greenwood acquires...
by Cole Gottlieb | Apr 23, 2023 | Blog
Happy Sunday, Consumers’ expectations of future price increases rose. Fed Governor says more tightening needed. Mortgage rates rose, apps for purchase dropped. SBA finalizes new rules for 7(a) program. Era of easy deposits is over. Concern over escalating FHLB use....
by Cole Gottlieb | Apr 9, 2023 | Blog
Happy Sunday, There are signs the job market is finally slowing. Senators from both parties want more Fed transparency. Frank founder faces civil, criminal charges in JPMC fraud case. Sunlight Financial picks Cross River for SVB debt refi. Acorns acquires GoHenry....
by Cole Gottlieb | Apr 2, 2023 | Blog
Happy Sunday, GDP grew by 2.6% in Q4. Unemployment claims tick up. Bank regulators testify, hint at possible reforms in wake of bank crisis. Fed details why it turned down Custodia. European banks face tax dodge fallout. First Citizens acquires most of failed SVB....
by Cole Gottlieb | Mar 26, 2023 | Blog
Happy Sunday, Despite bank turmoil, Fed still hikes 25 bps. TransUnion Credit data. Inflation expectations drop. Home prices fall. Banks tap FHLB, BTFP for liquidity. U.S. evaluates emergency deposit insurance measures. FDIC extended deadline for SVB bids. NYCB...