When it Comes to Investments, Timing is Everything
Almost all U.S. banks hold some amount of securities on their books at any given time. But how they report the value of those securities can make a big difference on the bank’s book equity capital… but not necessarily on…
Because We Can Not Live on Cranberries Alone
We wish we could feast on cranberries alone. That was the only item in the American Farm Bureau Federation®’s (AFBF) Annual Cost of Thanksgiving Dinner Survey that actual decreased in price this year. (Last year it was the cubed stuffing…
Mortgage Rates Break 7%, 1st Time in 2 Decades
U.S. banks reported that total loans and leases 30-89 days past due at June 30th were up 25% from a year earlier. And, as we reported last week, a sizable portion of that increase was attributed to credit cards and…