We are quickly approaching the one year anniversary of the last U.S. bank failure (December 15th). The last time we went this long between bank failures was the 31 month stretch from July 2004 through January 2007. We only wish…
Thanksgiving Dinner Costs Less 3 Years Straight
At this time every year, we look forward to the annual survey from the American Farm Bureau Federation (AFBF) to tell us how much we should be paying for Thanksgiving Dinner. While this is an informal survey of price trends,…
A Precarious Balancing Act
The Federal Reserve held rates steady at its Open Market Committee Meeting last week, but we don’t believe that will be the case next month. We expect a nice little Holiday gift of another 25 basis point increase when they…
Credit Remains Elusive for Some
Results of the FDIC’s biennial National Survey of Unbanked and Underbanked Households (released October 23rd) revealed good news and bad. The good news is that more American households now have a banking relationship than ever before with only 6.5% of…