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August 2016: Unofficial Problem Bank list declines to 184 Institutions

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August 2016: Unofficial Problem Bank list declines to 184 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for August 2016. Changes and comments from surferdude808: Update on the Unofficial Problem Bank List for August 2016. During the month, the list declined by a net 12 institutions from 196 to 184. The...
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Thursday: Travel Day

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Thursday: Travel Day

As a reminder: NAR Existing Home Sales Report vs. Tom Lawler’s LEHC Projection from Last Week Existing Home Sales (SAAR): NAR, 5.39 million; LEHC, 5.41 million; “Consensus”, 5.52 million Inventory of EHS for Sale: NAR, 2.13 million; LEHC, 2.14 million. YOY % Change, Median...
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The Secret to Investing That Most People Miss

The Secret to Investing That Most People Miss

Surprisingly, most of us chronically overlook our most valuable asset, which is our own self! So how do you invest in yourself? The first often ignored step is taking the time to figure out what your ideal life looks like, financially, occupationally and otherwise,...
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Schedule for Week of Aug 21, 2016

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Schedule for Week of Aug 21, 2016

The key economic reports this week are July New and Existing Home Sales. Also the second estimate of Q2 GDP will be released. Fed Chair Janet Yellen is scheduled to speak at the Jackson Hole annual economic symposium. For manufacturing, the August Richmond and...
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LA area Port Traffic Mostly Unchanged in July

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LA area Port Traffic Mostly Unchanged in July

Special note: Now that the expansion to the Panama Canal has been completed, some of the traffic that used the ports of Los Angeles and Long Beach will eventually go through the canal. This could impact TEUs on the West Coast in the future....
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Lawler: Early Read on Existing Home Sales in July

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Lawler: Early Read on Existing Home Sales in July

From housing economist Tom Lawler: Based on publicly-available state and local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.41 million...
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21 Ways to Escape the Rat Race Faster

21 Ways to Escape the Rat Race Faster

Here are 21 ways to compress the distance from where you are now to financial freedom: Earn more, and save more. Spend less – thus reducing the amount of passive income you need to become financially free. Leverage other people’s time, other people’s knowledge, other...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 6 August The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 31 July through 6 August 2016, according to data from STR. In year-over-year comparisons, the industry’s...
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Preliminary August Consumer Sentiment at 90.4

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Preliminary August Consumer Sentiment at 90.4

The preliminary University of Michigan consumer sentiment index for August was at 90.4, up from 90.0 in July. Confidence inched upward in early August due to more favorable prospects for the overall economy offsetting a small pullback in personal finances. Most of the weakness...
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