26 Burst results for "Associated Bank"

"associated bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:26 min | 2 months ago

"associated bank" Discussed on Bloomberg Radio New York

"New York futures Breaking down on the S and P 500 Tom Kane down 25. And things get in rail in Europe with the European equity market in the banks, specifically, Tom experiencing some pain for those of you just waking up. You've got an advantage over those waking up two hours ago. It has been a snooze Friday and that has ended in the last 40 minutes. John with his future roll over the chart on European banking. John is a kind of outside shock. We're you know, we're not talking about it now. It's not in the zeitgeist, but it is one of the worst charts of the world and John with the stocks bank index hitting a record low. You just wonder where that folds into the system. Hey, Tom. There's a line that I remember from the former East Sea presidente Mario Draghi when he turned around and said rights have to be low now to be higher in the future. It was 2014. They just went negative. They're still there. And that's the outlook for these financials. Were we generate an economic recovery in the continent that actually leads the higher interest rates. Tell me right now is no. Not anytime soon. Bring up the chart again on Bloomberg Radio on Bloomberg Television. I'll get it out on Twitter for Bloomberg radio. It's really inelegant chart. And this is the thing that Eric Friedman, a U. S bank was talk. What about John Farrell? It's the X axis of all this. Whether it's a pandemic back now, pushing nine months whether whether it's the European bank Malays pushing back 12 years, even 14 years, it's it's it's the duration. Of these agonies that well that we have to focus on Just never recovered. Never recovered. 2012 Europe down more than 40% this week, Tom, the Ecklie benchmark in Frankfurt, Germany. We started this week and I said the happy talk in Europe ended today. That was Monday morning. The DAX Since then, we're down almost 6% points this week alone, Worst week since June 2020 to me its economy. Intercourse with young hotsy is coming on. I think it'll be interesting or the mark down at Goldman Sachs. Going into Q For how do you measure queue for starting next week? How do you measure in the next year with the mystery of what's going on in Washington? Hey, Tom. We're talking about the equity market lease program is we've got to talk about credit. You and I've been saying credit really resilient in the face of attack route in the previous three weeks this week, we had a change later. I think we've had about 40 basis points of spread, widening on high yield. Just some cracks Emerging. Yeah, we've seen some really big outflows from junk bond funds, in particular, the biggest Ohio bonding TF saw $3 billion withdrawn, which is the most Since the February turmoil, raising a question on John about what this signals ahead is it's just sort of the froth getting taken off the top. Or does this indicate that there has been a material shift in the economic outlook based on the fact that we don't have another foot of fiscal support in the offing, and we are getting a resurgence in virus cases, John What are you getting in the Treasury market a bit with a move lower of just a single basis point on a 10 year year. Isn't that a story? Lisa is not much of one in the sulfur in debt market right now. Yeah, and we're looking at the data to try to understand what the next leg will be in terms of both bond deals as well as economic recovery. 8:30 A.m.. Today we're going to be getting the August durable goods orders that will give a reed On business confidence how much they expect future orders an activity to pick up particularly for aircraft and other types of big investments. One PM the baker Hughes US recount In some ways, this is a gauge of mobility, whether rigs will come back online and anticipation of people going more places where the resurgence and virus will push more rigs back into in activity, and today. New York Fed President William speaking, including to a group of younger people in Rochester, about the prospects for them entering the labor market, John at this incredibly tenuous time. This to me is one of the most untold stories of this entire recession, which is if you're a college graduate. If you're graduating from high school, what is your prospects, given the fact that entry level jobs? Have largely been eradicated from a lot of the sectors that were traditional hirers of these new graduates. Couldn't agree more. We'll catch up the economics team at Goldman a little bit later in the next couple of hours on this program, Let's get straight to the price action. Things picking up if you wanted a quiet enter the tried and waking up getting one this morning equities breaking down on the S and P 500 we head towards 1/4 straight week of losses down 25 on the S and P futures. Negative 8/10 of 1% in the bond market yields guess what? We do nothing We come in a single basis. 0.0 Point 65% and in foreign exchange story the way it really hate Tom. Stronger dollar Strongest. Wait for the U. S dollar going away back to spring your O'Donnell 1 16 33 Remember 1 20 wasn't so long ago No where near it. Now we're down a third of 1% on that currency Patton dollars strength in the last hour. It also no Swiss. Franco's weaker is well, euro. Swiss. He's a wanna wait handle, which is really profound after the one of 7171 or seven That we've seen John. I do want to point out Turkey got their act together and stunned experts with a substantial interest rate increase yesterday. So Turkish Lira finally stronger. Let's get a conversation started with everyone's Silverman, Obviously capital Markets Equity derivatives strategist joins us right now, Amy, Fantastic Catch up with you. This market not seem concerned about October or November. Very preoccupied with December Why, Amy? Hey, guys. Good morning. Yeah, I mean, December seems to be the focus. You know, Part of it is there is this December 14th deadline when the state electors are supposed to submit their ballots, And obviously the conversation has gone on for quite a while that we're goingto have a contested election election where logistics of mechanics. Matter a lot. You know, one new once I would point to is, this is very true for S and P and fix which has been pricing Ah, higher for longer elevated voluntarily. This is not true in NASDAQ, and it's not true. And Russell. The options term structure that we look at is actually lower, the somber than in November. It's flipped in S and P in Vicks. And so I I actually think that's pretty interesting. Because the market has been so so much driven by this, you know, Tech versus value trade that that is not being reflected in those embassies. Amy what portion of this pull back? His correction is simply due to abet on weaker economic growth. Does that play in big or is it just another small factor? You know, I think that definitely, you know, we sort of saw the market react to some of the data that came out as well as house comments If I put out a third layer to that There have obviously been substantial option dynamics at play ever since August even earlier, you know, referring to the Softbank trades as well as the retail option by So you know, the third factor that I see in play is also that there is this auction sign attic. We refer to as gamma where you know it slices both ways. We saw that exacerbate the move off. And we are seeing an exacerbate the move down in, you know, look in mainly tech names. But as goes text, as goes the market because of the heavy waiting that it has had in the market. In recent times. You talk about Tech and you talk about how 2020 volatilities has largely been focused on what you call the Fang. A man stocks. I call them the fan of Mag Stocks. Pick your poison. How much risk is there, too big tech?.

John Farrell Tom Kane Europe Goldman Sachs New York Bloomberg Radio Mario Draghi Eric Friedman Softbank Twitter Treasury Mag Stocks Vicks hotsy Amy Turkey Frankfurt Ohio
Brexit: All you need to know about the UK leaving the EU

The Opening Bell

05:20 min | 1 year ago

Brexit: All you need to know about the UK leaving the EU

"Let's begin this morning with thought leader Thursday David Phalaris here senior vice president of capital markets at associated bank David good morning welcome to the opening bell thanks Steve thank you for having me a little bit of things have changed heroes in the brexit conversation since the last time you were here it looks like there might be an extension what's the headline for brexit well it looks like it's the never ending story really we have an extension to January thirty first we have an election coming up in the U. K. which looks very likely it's theoretically if it isn't in stone yet because it has to go to the house of lords of which will go later this week but it's pretty definite that will have an election December twelfth and does the hopefully this will come out with some kind of definitive answer however I think the odds are probably slim that will get anything definitive then we may have a repeat of what we have right now yeah I I remember Boris Johnson prime minister Johnson saying we are leaving October thirty first no matter what do or die yeah right do or die I'd rather be dead in a ditch right of I guess he hasn't found the ditch and I guess the word not not going to do he is you know kind of blaming parliament because in in reality did bring a deal the lab the withdrawal withdrawal agreement bill that was passed to the second stage which is really just something that allows parliament start looking at it the problem that parliament had was that the time period that there was a lot to discuss this bill was actually get day shorter than the time given to the wild animal and circus bill which covered nineteen animals in the U. K. that was given four days of parliamentary reading the web was given three and you know because of time constraints so people are very concerned thought of something of this momentous importance you don't need a little bit longer than you know how do we deal with Tigers in zoos what's the level of uncertainty of not only in the U. K. from a business standpoint but how is it impacting the rest of the world as well well I think in the European Union it's a little less so in that if you look at country clubs the Great Britain and did well the United Kingdom represents about twenty percent of trade flows of the new European Union it's people have become I think much more prepared for no deal breaks it now the last nine months for the European Union has been one where people have been preparing and they're generating kind of alternative plans certainly investments are going to be you know certainly in Ireland for example which will be probably the second most of affected country you can see that those I'm just back from there you can see that there is kind of a general kind of wait and see certain things are slowing a little bit northern Ireland's has seen complete nearly complete stop and overseas investment of because we the people don't know what's going on they've been a couple of large industry sort of actually closed short plus for example of closest last week which the big boss manufacture of in Europe so I think for them you know we're sync issues the car companies for example in Britain both Nissan and Toyota have signaled that they're waiting and seeing before they make any big investments and which is a signal that maybe they're gonna make this investment if brakes it goes the wrong way so I think that's pretty significant so you know when you look at certainly io growth of like GDP is kind of running in this kind of one point three one point five percent you know it's people are kind of just it's motoring along with a very low pace and certainly at a lesser pay some probably would be normally no they're also you know questions about the turf wars between the potential to in the US the U. and that kind of stuff as well floating around so this is more than just breaks up yeah I mean U. S. GDP came in at one point nine percent sort of too far away from the U. K. at all no and that's down you know when you think about like first quarter GDP was look closer three so you know we're seeing kind of I which may be part of the trade war as well you know turf wars generally nobody wins and we're saying I did we could six six we've seen a consistent decline in GDP this year for the last three consumer confidence numbers that came out each one was lower than the next I think you know there is a certain amount of apprehension globally by consumers you know when we look at stock market here it's you know all the main and say it's a done really well but they have with the exception the S. and P. make em up high earlier this week most of the insights haven't really changed much since July and I think there is this kind of general global kind of slowed sing we're on this morning with David Fowler is as VP of capital markets at associated bank our conversation focusing on world markets in

David Phalaris Senior Vice President Steve Twenty Percent Five Percent Nine Percent Nine Months Four Days
U.S. stocks recover some ground, boosted by retail

The Opening Bell

00:38 sec | 1 year ago

U.S. stocks recover some ground, boosted by retail

"But first let's begin on the WGN associated bank market desk the opening bell rings this morning after stocks managed to rebound a bit yesterday following some huge losses this week on Wall Street a better than expected retail report help stocks bounced back from the worst day of twenty nineteen the Dow Jones industrials finished up a nearly one hundred points the S. and P. gained seven points the nasdaq fell seven points as we look at the futures market this morning we're looking for pop this morning on Wall Street the Dow futures are two hundred and forty two points of nearly a full percent this morning S. and P. futures up nearly a full percent as well nasdaq futures are of ninety two points nearly a percent in the

WGN
"associated bank" Discussed on WGN Radio

WGN Radio

04:25 min | 1 year ago

"associated bank" Discussed on WGN Radio

"Ed curry is here, certified mortgage planner construction loan specialists at associated Bank. Ed, good morning. Welcome to the opening bell. Good morning. Thanks for having me. And welcome to our thought leaders chair. I want to start this morning by letting people kind of get to know you a little bit. Tell us a little bit about yourself. I'm residential mortgage lender. I've been at associated Bank for little over ten years in the business over twenty five. In fact, it started things were much different nineteen Ninety-four OJ was riding around and Broncos and no doc loans were considered safe loans. So, but yeah, since then of started in the broker world and round two thousand eight when financial crisis hit wanted to partner with a direct lender. And that's where I've been ever since with associated give us a sense of what you do every day. It's really chatting with clients and speaking with them on things that they want to do with their home. Whether it's purchase refinance construction rehab, maybe a brand new build so most of my day. Hopefully, most my day is chatting with clients and working on solutions form. However is it tends to happen. You tend to get involved with the process, and and managing the process and making sure ultimately the client has. Kind of as easy as processes possible. Well, we call you a thought leader. But it sounds like you're an expert in his field as well. Most days I. What taking a sort of a big picture of this industry right now. What would you if you had to give it a state of the industry report? What would you say about it in terms of the mortgage industry? You know, it's word interesting place. I always think about the average age of alone officer. Yeah. The average age of alone office are various stats is in the mid fifties. If you can believe that so the were really looking for a lot more younger people to get into business. There's a lot of older guys at just been around. And and when you talk about, you know, technology moving forward, I think it'll be really helpful for some younger people to get involved. But but overall, I think be interesting solid. Cfpb made some splashes initially some of the compliance and right with Tori changes as with most things industry's gotten used to those changes. So for the most part, it's it's real good opportunity for clients to jump in and get a good mortgage at a good rate, and and not be as hassle. You mentioned the two thousand eight crisis. Would you think that this industry is safer today than it is than? It was in two thousand eight they tell us it is. Yeah, I I would think so I think, you know, the biggest issue that we had previously was banks taking your brokers taking a lot of risks that they weren't responsible for there's a lot more regulatory requirements involved for banks, for example, I look at associated Bank which were portfolio lender. And you know, it's our money sitting on our balance sheet. It's our risk. But at the same point regulators are going to really dictate what kind of risk that we can take. So so there's a lot more oversights. And ultimately, I think that'd be industry slot. More sound when you have conversations with clients are they still nervous about becoming a home buyer for the first time, what kinds of fears and challenges do they face? Do you talk to them about? I don't think. So I think it's second nature to people. Now, I think about back in nineteen ninety four when I started. I remember some of the first loan application. Nations. I took people, of course in everybody. All loans were face to face your now, I may need one out of four hundred people I'm working with. But it was all face to face. People would come in. They would dress up. The they'd be nervous. They'd be shaking. They handle their documents. It'd be nervous if they're gonna get alone. And and now it, you know, start off with a phone call and maybe at the end of a twenty minute phone. Call people are sending over every personal financial piece of information in their life to to get alone. So no, I don't think people are as nervous anymore. There's a lot more information for people to to feel comfortable with the process at hang on. We're going to continue our conversation this morning. Ed Curry's here in our thought leader chair this morning from associated Bank. We'll have more of our conversation coming up in just a few minutes. But if five nineteen we need to break here for traffic.

associated Bank Ed curry Cfpb Broncos OJ officer partner Tori twenty minute ten years
"associated bank" Discussed on WGN Radio

WGN Radio

05:32 min | 1 year ago

"associated bank" Discussed on WGN Radio

"It's a thought leader Thursday here on the opening bell. And we're happy to have Chuck Garcia in the house with us today. Chuck is an executive vice president, and he's also in charge of commercial lending at the associated Bank in our thought later today thought leaders today also in charge of treasury management there as well. And Chuck is with us here in the studio this morning, Chuck good morning. Welcome back to the opening bell grad to be here. Happy new year to you. When it talked about. Couple of things this morning technology and commercial banking. But also new headline that's out just today about whether or not credit standards are going to tighten this year. Investors have had mixed reactions to this over the last week is the banking industry and for tightening of credit this year. Honestly, I think if you were to look back probably six months ago, even you would see a little bit of a different view. Everybody knows a recession will happen someday. Now, when is it it's anybody's guess, I think there were feelings even in the early part of this year that that was looming and right on the cusp. So I think banks took a little have been taking over the last six months, even a different view on credit, and maybe tightening up covenants so on and so forth. It's also forced some companies to look at alternatives for than traditional Bank credit. So the I think that really happened even back into into eighteen it feels like to over the last couple of weeks. There's been a mood shift now that the Federal Reserve has said they're not going to move forward. With quick with rate hikes this year as well. Absolutely. Absolutely. And it depends on which side of the fence you're on. Okay. So we as a Bank that we happen to be more assets sensitive. We would love more increases because those will reprise faster than our deposits. Whereas a borrower says. Wow, okay. I'm more apt to borrow noun believing that we're going to stay stable for the foreseeable future depends on which side of the fence. You're on there. Do you think it was a smart? This smart move quite federal do. I think is I recall our last conversation in late eighteen you know, they were planning. I think the idea was four increases. I said, you know, I I'd see to probably I think it's a wise move. I think I think the way the job market is the the international uncertainty. I think Brexit is a big factor in a lot of things. So there are a lot of multiples that go into this factors that that I think it is a wise decision to slow a bit. We recently at the state of the union address in we've kind of engaging. How CEOs are feeling now about the economy and. Everybody seems still positive moving forward. You hearing anything different again. I think it's a little more cautious. But overall positive yes. Before we've had conversations on the on the thought leader program about how banks like associated want to get better at technology, and you've talked about how that would be acquiring somebody who's doing technology. But there's a report now that women especially technologists are finding jobs in commercial banking for this very reason. I think that's such a great great lead in. It's it's evident everywhere in in our organization, and I think across the industry when I go to trade shows now that that highlight a lot of the technology firms and banks that have technology arms and so forth. I will I will tell you where it was heavily dominated by male save ten fifteen years ago. It's fifty percent plus women. It's great to see I think it's just fantastic. So when technologists come in the do they have to necessarily have banking experience. Or is it like on the job training? It's helpful to have that. But the technology if you ask the, right? Questions of what people want to achieve? And when I when I think of our vendors that we have good relationships with they ask us what we're trying to achieve. What's the what's the end game? What's the outcome? They build the technology around that. So you don't necessarily have to have that. It's certainly is a benefit I believe, but it's not it's not an absolute after and what are some of the things that these technologies would be working on well lending platforms. CRM commercial relationship management types of things. You know, Salesforce is big in the in the banking business. But there are alternatives there. I think of some of the things we're looking at of implementing products implementing lending workflow management things like that are very significant to us, and I think really our competitors. Chuck hang on. We're gonna continue with Chuck Garcia this morning from associated Bank. Chuck is in our thought leader this morning. He's the vice president director of commercial deposits and treasury management associated Bank. And we'll continue in just a moment. But first at five eighteen we need to update traffic and business had. Vines I do WGN traffic central mirror Vanderbilt's there this morning. Good morning. Mary angle morning, dealing with some rain this morning, some freezing rain possible, especially to the north in lake McHenry. Kane ant far west in DeKalb county suggests be aware of that. Eastbound I ninety on the Indian Attila Sheffield avenue watch for an accident just reported there. Otherwise, they expressways. Tollways are moving fairly well this morning for taking Metra electric line still that modified schedule is in place through tomorrow for person is traffic on demand. Get the Traffix Chicago app approved by the mortgage experts of team hochburg just search T R A F F, I X Chicago mayor Vandevelde WGN traffic central. We came looking for real main winter, and we found it we were headed to the lodge. The fire really the only thing I wanted was some hot.

associated Bank Chuck Garcia executive vice president Federal Reserve WGN Salesforce DeKalb county Traffix Chicago Metra Chicago Brexit Mary angle lake McHenry vice president director six months ten fifteen years fifty percent
U.S. Stocks Rebound on Trade-Talk Progress

The Opening Bell

01:06 min | 2 years ago

U.S. Stocks Rebound on Trade-Talk Progress

"Foreign minister says the legal project process should not be hijacked for political purposes. And she says that the US should not use the extradition process for ends other than the pursuit of Justice. This CEO of United Airlines says his pilots do not need any additional training on the new Boeing jet. That's at the center of the investigation into a deadly crash in Indonesia. Oscar Munoz says United's pilots are prepared to respond to problems that might arise with automated systems on modern planes spoke yesterday to reporters and said that the Boeing seven thirty-seven max is safe and reliable United along with American in south west uses the new Boeing model that was involved in the October twenty nine Lyon aircrash Indonesian, investigators are examining the role of faulty sensor readings from an anti stall system in the accident which killed one hundred eighty nine people and apple is expanding its footprint in Austin, Texas, including the construction of a one. Billion dollar campus. The tech giant says it's also adding sites and new jobs in Seattle, San Diego and Culver City, California, while expanding existing sites in Pittsburgh, New York in Colorado, the company looks to add about twenty thousand new jobs by twenty twenty three. We begin this morning with thought leader Thursday here on the opening bell. Chuck Garcia is the executive vice president and director of commercial deposits and treasury management at associated Bank, and Chuck is back with us this morning in the thought leader chair Chuck good morning. Welcome back to the opening bell. Good morning. Nice to be here. A happy holidays to you as well. Here. We are again in the holiday season lots going on. We're gonna talk a little bit about what's happened in your world this year and other things, but let's get to some news with the fed getting ready to have its December meeting looks like another interest rate going up. How's this going to impact financial services sector? Well, it does look like it. I think there's still a tad of uncertainty. But I think what went from being one hundred percent certain is is still very high. So I think this next one is likely clearly it will have an effect really across the board commercial customers will see their rates rise from a from paying on the interest of loans similarly, consumers housing, it'd be interesting to see what happens with the mortgage industry. I think those are already somewhat built in. But clearly it's going to have a have an impact albeit relatively still historically very, very low. I think there's the mental aspect that. People say oh rates are rising. And obviously rates we pay to clients will will increase as well. Are you? What are your thoughts about whether the fed is going to continue this in twenty nineteen nine? There's been a lot of talk about this in the last couple weeks that may be December is going to be the last one for a while. I see too in the coming year. Okay. I think the uncertainty here in the US alone with the tariffs and the trade wars, you know, looming cetera. But also, there's a lot of uncertainty abroad, you have France. Now, obviously, the Brexit situation. There's a lot of uncertainty abroad, and we're all intertwined any longer. And and so I think that's going to have an impact on their desire to to be probably as aggressive as they might have been they being the fed as aggressive as they might have been previously. Do you think it's actually had an impact on businesses, especially local businesses that are they is this something that's causing them to stop and pause their plans. I think it has you know, depending on the industry you're in to raw-materials are part of your production cycle, and your and your supply chain. There's absolute evidence. Having an impact is slowing some things down. I think the farm industry to you know, living where we do. That's continuing to have a drag on that as well. How does the interest rate going up or going down impact the day to day management of financials? Well, you have to really we have to do is really stay abreast of what are what our competition is doing. So for my pain perspective what we pay and interest rates to clients. You know, be they consumers or or corporates. It's certainly today has far more interest at the individual and company level than than it would have even a year ago. It was just immaterial at that point in time. Now, you know dollars are significant enough where people are paying attention and willing to to change in today's environment. If they don't feel like they're getting a proper rate or attention from their Bank. I heard some experts talking about the interest rate hikes have come so quick and fast that they haven't had. There hasn't been enough time for them to take hold and and people have become comfortable with them. Usually there is a bigger window between interest rates is there some truth to that about it still working its way through the system each one of these hikes. Well, I see both sides. I mean, the savvy investor those with large dollars they move very quickly today. If a rate increase does in fact occur they have they effectively expected to be an instantaneous change by their Bank. You know, the the normal John Q public guy like me doesn't pay. As much attention to it. But if all of a sudden, you look up and see oh my gosh. You know, I'm still backing the point one percent. That's not fair in today's environment. You know, they may they may choose to act on that. But I think I think the the savvy investor the corporate investor in the larger dollar people are absolutely much much quicker to react today. I'm interested in your opinion about the economy as it stands right now. Are there earning warning signs out there that you are hearing about or seeing or feeling? Yeah housing. I mean housing is shown some some slowdown, obviously that's a huge component of of our industry in our economy in so housing and the ripple effect that that in fact has is slowing down, you know, they're building as many apartment buildings people aren't buying single housing contrary to what I'm saying. You're the millennials are now moving to the burbs and buying houses. So I think you have kind of a reverse effect of people that are retiring moving into the rural areas, but it isn't fast enough to keep up in so housing. I think is one of the indicators I see that that could have a drag on the economy and then again as rates rise. It makes the affordability of a house that perhaps you could have afforded two years ago. Much less today. Chuck hang on with us. We're on with Chuck or see this morning executive vice president and director of commercial deposits and treasury management at associated Bank. It's our thought leader conversation. We're going. Continue with Chuck in just a few minutes. But first we need to take a quick break here in the opening bell at five nineteen to update traffic and a couple of business headlines. First WGN traffic, central very they're very good morning. Good morning. Traffic is sponsored by Burlington. No delays on the Edens. Kennedy. Eisenhower is fine. Inbound side of the Stevenson's starting to build just around the Harlem area with some minor delays on the inbound Ryan from Roosevelt's also some build up into Halstead on the inbound side of fifty seven the Bishop Ford. However looks good along with all the toys this morning. Make Burlington your one-stop holiday shop for the hottest gifts for everyone. Name-brand watches gift. Baskets wireless, sweaters toys at a fraction of the price. Burlington gifts for everyone for a person who's traffic on demand. Get the Traffix Chicago app approved by mortgage experts have team hochburg just search T R A F F, I X Chicago mayor van of each traffic central. There's a reason we invented things like same

Chuck Garcia FED Burlington United States Associated Bank Boeing Executive Vice President United Indonesia Oscar Munoz Director CEO Apple Austin Seattle Texas California United Airlines
"associated bank" Discussed on WGN Radio

WGN Radio

02:16 min | 2 years ago

"associated bank" Discussed on WGN Radio

"John Horton is here from associated Bank. We talked about mortgages and mortgage rates, John I found a story in Forbes about parents who give their kids the gift of a new home an expert in that story says might get better to actually give them a mortgage. Why is that you know, I'm not a big fan of parents giving their children homes because it really puts me out a business. But if you do have a pair like that we have seen it in it and just called a private mortgage. Everything is recorded. It's on alone. They can actually put it on their credit bureau it protects the parents that if the kids stop paying the home is still in their name. So obviously getting your attorneys and getting everything else involved getting them. A gift of home is great giving them a gift of a down payment. Some people do prefer because the kids really want to have that sense of homeownership. What you're finding is a lot of these kids. Adults wanna live close to their parents. A lot of parents live in neighborhoods that those kids. Is right now cannot afford. So that's the big push. They want the kids close. The grandkids co close kids can't afford that steep of a mortgage payment. So they work with them interest rates entirely up to the parents. So where you're seeing five percent right now, if it's more manageable for the child to pay three and a half percent fit the payment. You're good to go. So it's a little bit easier. Lending terms. What kind of how how do you collect on that credit? If you're the parent, you send somebody over to knock on the door saying there's not a lot of credit reports pulled on your kids. That's a big trust. And foreclosure would happen. It'd be horrible. If you just go to your room. Your mom and dad's sleeping in there. You know, you're kick out of the house. We talked about all the different things you could do you mentioned credit score. How big of a problem is mortgage fraud these people actually lying on their mortgage applications? You know, we always liked to trust everybody. Steve. But it, you know, it's amazing. What the internet that seems to be so popular lately, you can go on the internet now, and you can go to a site, and they will make your pay stub for you. They will give you a phone number. So in the Bank calls to verify your employment. It's going to that company that company will verify your employment, and they just made the Bank statement, it's free. Why the the the what they do is? They say they say, it's for novelty purposes, only, I think that's their way on the other way to do it. If you don't have enough trade lines on your.

associated Bank John Horton Forbes John I fraud Steve five percent
China says Beijing, Washington do not want to see trade war escalate further

The Opening Bell with Steve Grzanich

00:51 sec | 2 years ago

China says Beijing, Washington do not want to see trade war escalate further

"The trade discussion is continuing between Canada and the United States another round of briefings yesterday on this with the Canadian trade Representative and the prime minister as a Canada and the US still talk about whether or not Canada is going to be in North American trade agreement to business groups have released a survey that finds almost two-thirds of US company in China have been hurt by the tariff war between Beijing and Washington and other say they'll suffer if the two sides go with more penalties that comes this morning as the China announces that Washington has invited Beijing to hold new talks on the escalating tariff dispute ahead of a decision by President Trump on whether to raise duties on nearly two hundred billion dollars worth of Chinese

Chicago Greg Warsak Associated Bank Apple Washington Post Salesforce Brian Fung WGN Canada Europe CAC Steve Percentage United States Shanghai Asia Beijing Washington
"associated bank" Discussed on WGN Radio

WGN Radio

08:29 min | 2 years ago

"associated bank" Discussed on WGN Radio

"August the twenty ninth five eleven in the morning here we are with another. Addition of the opening bell another business day getting underway thanks. For being, with us this morning we've got a good show for, you this morning stay. Tuned for the full. Hour a little bit later on about five forty this morning we're going to have a producer university senior who has, created a classmate it's called. Classmates it's an app that he hopes will better connect classmates at major universities right now. At Purdue University that's going to be in our second segment this morning. Head of Labor Day we're also going to do a check, in on, the state of organized labor Bob writer will be here from the Chicago federation of labor but first let's, begin on, the WGN associated Bank market Desk with futures pointing toward a flat open later on. Wall Street, Dow futures up just seven points this morning NASDAQ and s&p, futures barely moving as well. Around the globe markets in Asia are generally higher. With the Nikkei the hang sang just about a quarter percent higher the Shanghai is a little lower in Europe, markets are all in the red with the footsie off more. Than half a percent in London markets in Germany, and France are off just a couple of fractions as. Well oil is at sixty eight seventy nine a barrel which is up about twenty six cents couple of stories before. We begin this morning business headlines the Canadian foreign minister says her meeting yesterday with the United. States Trade Representative Robert lighthizer was very good constructive conversation about how to revamp the North American, Free trade agreement she told reporters, that the meeting that she and her team, a plan, to work this week a full steam effort and said both parties will start diving into, specific issues Wednesday today the deal still requires still. Needs candidate to be a part of it And it's unsure from statements yesterday by Mexican government officials whether a tentative agreement reached with the United States bilaterally will stand without Canada involved, in this and problem a. Place where they have real problems evidenced based problems. With Google in China today more than a dozen human rights groups have sent a letter to Google urging the, company not to censor internet searches in China the joint letter. Calls on the CEO of the company to explain, what Google is doing to safeguard users from Chinese government. Censorship and surveillance that follows a letter earlier this month sound signed by more than a thousand Google employees protesting the. Company's secretive plan to build a search engine that would comply with Chinese censorship and we begin. Front and center this morning with a check it on labor union said new research shows that, the decline in labor unions has, cut the pay for all workers across many, industries and, we thought we'd bring in Bob writer this morning he is the president Of the Chicago federation of labor Bob good morning welcome. To the opening bell Morning Steve thanks for having me Labor Day is always an important day to take stock in what the. Labor unions. Have done for our country Without labor unions, we. Wouldn't have a solid. Middle class in the country I wanted to get your thoughts on on the state of of labor these days Well it's interesting all the rhetoric that you heard. Over the years about labor and the quote unquote a decline of labor getting edge Gives. You the right on the head as people have seen the percentage of folks participating in the labor movement go down. Over, the years you also seen gross inequity in our country between what real people make and, what, people at the top, are making What I, would say to you. Though is look at what we have here, in Chicago we have strong labor movement we. Have people that you know folks see out fighting every day and you know the, the popularity of unions especially here in our state I think has never been higher so whether folks are in union or not they believe. In the necessity of labor unions and the study that I was referring to was done by the university of Illinois The professor who led the, research shows show the dirig- wages would have been three to seven percent higher, during their careers for most, workers had, US labor unions still. Been as strong as they were let's say, in the seventies the fifties or sixties or. Seventies three to seven percent that's a huge number when it comes to lost pay What's incredible to me is if you look at the tape of society we live in, we live, in a consumer base -ociety in order for people to be consumers they. Have to make they have to make more money right So if, you want to have a vibrant. Economy not just here but all across this country you know get away from this academy where everybody's living in Bowie. Credit you have to have a strong middle class you have to raise wages? And I think it's gotta be it's gotta be a society where people can actually buy the things that they make utility by, thinks that they, make but what is if you could give us a sense of what happened. Starting I guess most experts say nineteen fifty s when union Memberships started declining is there one or two things that you can point? To that that that have caused this over the years Well you know in terms of the in lemme say when we, talked about this we, have to, make sure. That we put an answer because we're talking about the national numbers of labor movement declining places like Chicago Los Angeles New. York we've always held the line so the the decline of our membership nationally has gone down more dramatically than it has locally and I think that has to. Do with urban economies being different and also the proximity of people to one another and being. Able to hold a strong strong a strong wall is is. More is more apparent, and and, a lot of, what you know the. Question you're asking is starting in the late nineteen forties it started so men you know the labor statutes Ashley In order, to give. The employer rights that were originally intended just before the workers way the National Labor Relations act which is passed nineteen thirty. Six was a lot so that level the playing field to get, people to power to have collective oysters in the workplace and that was because you know the. Robber barons of lady early nineteen hundreds around the table it's crazy things like apply antitrust laws. Against people organizing you know to racer standards and that's just. Not just money right, it's having, a defined work, day Yeah the job, we started, to erode that in the late nineteen forties to, passage? Of this law called Taft Hartley And then from, there, it became more acceptable for. The, employer, put people, in rooms that have what we call captive audience meetings saying oh you don't need a, union oh you you know why would someone in between you and me and people, that? Sat in those meetings interested what they were for the meanings were. Tended to have had that affected the nation right to steer, people away from the ballot box came time to vote you look at what's going on in this. Country, right now. And a lot of these states that are so called right to work states where unions have hands Back with a half to represent people, who are who are not members of the bargaining units which makes it harder to maintain? Memberships racially seeing a rise in union membership because you organizing organizing. In those states is going up and people's people recognition that. That in those states which are generally low wage states having that protection of the union is necessary Bob hang on with us we're going to continue. Our conversation this morning with Bob writer. Who's on with us? Today from. The Chicago, federation of labor he's the president of that organization we're doing a check in on organized labor head. Of the Labor Day holiday and we'll continue with Bob. But first we need, to take a quick break you update traffic.

labor union Chicago federation of labor Bob federation of labor Google writer National Labor Relations Chicago Purdue University president producer United States Chicago Los Angeles New Europe WGN Nikkei Asia
Patriots release wide receiver Malcolm Mitchell

Wisconsin's Morning News with Gene Mueller

02:24 min | 2 years ago

Patriots release wide receiver Malcolm Mitchell

"Really to prove people wrong it's just to show that you. Can do it you know what I'm. Saying so it's just knowing that I know that I. Can, do it and just getting out there and doing it is the thing and that's what builds confidence for quarterbacks, that's what gets, us rolling gets on the right foot meanwhile the Packers seemed to have dodged a bullet with left tackle David GRE who tweaked ankle on family, night journal sentinel beat writer Tom Silverstein spoke. With box Yari credit was why growing your. Ankle playing basketball that he didn't think it was a major spring but sprained ankle and they're going. To be careful with it I would gather that they played, on Sunday you would tape it up and we're play time. Silverstein against Greg. Maddux on sports central last night today's Packers practice starts at, eleven forty five that rain inch Field the brewers we'll have another half game to make up in the standings after. Being idle yesterday and last night coming up. This evening they'll play, offs to the Padres game one of. The three game series at Miller park coverage starts. At six thirty five on WTMJ and the associated. Bank per was radio network chase Anderson will pitch. Against Clayton Richard last night? The royals couldn't help the brewers out at all as they lose to the cubs three two one Chicago now up by game. And a half in the division over. Milwaukee to college football one big position switch this season. For, the badgers cayden Lyles flips from offense defensive play defensive end coach Paul Chryst thinks that Lyles can handle it, is he's got, the athletic makeup you know as far as size and strength and quickness and then it's for him day one but I think his football knowledge, is it wasn't going to be throw him. Off Wisconsin opens up their season on August. Thirty first against western Kentucky back to the NFL for a moment the New England Patriots have released. Wide receiver Malcolm Mitchell although he'll always, have, a place in Boston sports lore night remember it Super Bowl fifty. One Mitchell had six catches for seventy yards including five catches for sixty three yards, in, the second half all of that help the patriots overcome a twenty eight to three third quarter deficit. To beat the falcons in overtime so on one. Hand gene Malcolm Mitchell doesn't. Have a job with the, patriots anymore on the other hand he'll never have to buy himself a meal, or a, beer in Boston ever again pretty much set, for life seven eighteen at WTMJ sources. Say President Donald Trump is itching to meet personally with special counsel Robert Muller CBS. News chief White House correspondent major Garrett joins John Rick here with the latest that's at three fifty today, on Wisconsin's afternoon news the NFL's best.

Tom Silverstein Packers Brewers Malcolm Mitchell New England Patriots Cayden Lyles Wtmj NFL Wisconsin Miller Park Boston Clayton Richard David Gre Paul Chryst Donald Trump Football Chief White House Corresponden Robert Muller Milwaukee
Market wrap

The Opening Bell with Steve Grzanich

00:24 sec | 2 years ago

Market wrap

"The wgn associated bank market desk numbers asian shares finished mixed overnight tokyo led gains with nearly a percent in value hong kong finished flat australia closed with small losses european markets are higher so far today we're seeing modest gains now across the euro zone us futures point to opening gains on wall street dow futures up sixty points oil futures are up slightly in premarket trading at seventy four dollars twenty five cents.

WGN Tokyo Australia Seventy Four Dollars
Wgn, France and Spain discussed on The Opening Bell with Steve Grzanich

The Opening Bell with Steve Grzanich

00:31 sec | 2 years ago

Wgn, France and Spain discussed on The Opening Bell with Steve Grzanich

"Wgn associated bank market desk numbers asian markets finished with gains overnight that he gained more than a percent in value modest gains elsewhere in asian markets european markets are mixed this morning in markets that are trading higher the games are very modest markets in germany france italy and spain just above negative territory now us futures are pulling back pointing to opening losses on wall street dow futures sixty two points dow wgn traffic with mary fan of held holiday travel continues on.

WGN France Spain Germany DOW Mary
"associated bank" Discussed on WGN Radio

WGN Radio

03:56 min | 2 years ago

"associated bank" Discussed on WGN Radio

"In the morning we're happy you're with us for another edition of the opening bell and another business day what's going on in the program today it is thought leader i every thursday we have thought leaders in and today john horton is gonna talk to us a little bit about residential real estate sales and we'll talk a little bit about mortgage rates so john will come in just a few seconds and we'll do our conversation a little bit later in the program deal buses here from forbes and chief executive magazine here's a new piece and cheek chief executive about harley davidson and the ceo in the crosshairs of the trump administration after harley davidson announced it was moving some of its production overseas because of tariffs that is one of the stories that we're watching this morning wisconsin assembly speaker a robin vos says he's open to considering tax breaks to keep harley davidson jobs in the state but he feels existing incentives are competitive the president has been tweeting criticism of harley this week after the company announced it was shipping motorcycle production overseas to avoid european union tariffs speaker of the wisconsin house said yesterday he would never do anything that hurts the ability of harley davidson to be competitive worldwide as for trump's tweets votes has he would prefer to use more of a carrot approach to say what we can do to make sure harley davidson stays in the state as opposed to a stick president is scheduled to be in wisconsin today for the groundbreaking of the fox context nology group factory on the wgn associated bank market desk this morning futures are up on the dow nasdaq and sp twenty nine points on the dow fifteen points on the nasdaq around the rest of the globe markets are generally negative in the red in europe the footsie the dax and the cac are all lower the dax by about a half a percent and asia markets are mixed hang sang up about a half a percent the nikkei is off just about a point everything else sort of in the half a percent to a full percent range and oil is trading at seventy to eighty two a barrel which is up about six cents from its previous close it is thought leader thursday here on the opening bell this morning john horton is here the vice president senior residential sales manager at the in the chicago region associated bank darn good morning welcome to the opening bell a good morning beautiful studios by the way my friend thank you is i told your colleague last week we did this for you i appreciate you impressed very nice the marching band wasn't necessarily we'll take whatever we get i want to begin today with a couple of reports that we've seen over the past couple of weeks existing home sales are down does this have to do with inventories we've been talking about it does that that seems to be an ongoing problem everything seemed to be chugging along and then it slowed down a little bit and then the home started to sell and the the inventory is just not keeping up with the demand right now it's just i know we've talked previously and usually you get these ebbs and flows but this is just seems to be ebbing it's not it's not flown away that inventory is still pretty light on the market when you look at it overall the number of people closing on contracts is about what five and a half million five hundred million creek and it's down it's down a little bit i think it declined like a half a percent so was there anything crazy when you're talking five and a half million being a big number half a percent but for those that are selling their homes and those that what a move that that half a percent is is a lot bigger than that it might be us yeah because i was gonna ask you know from from just a general staff shot is that a healthy job housing market still or no if you're if you're looking for the immediate hit you know we were talking earlier that a lot of people right now may want to move but are afraid of those multiple offers which is something i never thought i'd ever seen the real estate business afraid of multiple offers but if you're not lined up with somewhere to go we have clients several clients with associated banked it took that offer and then all of a.

G-7 summit with Trump was a 'sobering' experience says Angela Merkel

The Opening Bell with Steve Grzanich

02:16 min | 2 years ago

G-7 summit with Trump was a 'sobering' experience says Angela Merkel

"Associated bank market desk and we'll begin with futures in the us pointing toward a open a positive open on wall street later up about thirty four points on the dow nasdaq and s and p futures have turned mixed now in london markets are generally higher up almost three quarters set fifty eight points das of the dax in germany is higher by about a half a percent and the cac in france is up just about a quarter of a percent as well markets in asia generally higher as well asia of course front and center as the president begins what is going to be historic summit with the north korean leader later today into tomorrow the nikkei gonna fish the day up almost one hundred ten points about a half a percent the hang seng is up about a quarter a little bit more than a quarter oil is trading at sixty five o six a barrel which is up about sixty eight cents make that down about sixty eight cents a couple of stories before we begin this morning health officials say a salmonella outbreak linked to pre cut mellon has now taken sixty people in five midwestern states centers for disease z's control and prevention says kato foods llc on friday recalled pre cut watermelon honeydew melon cantaloupe and fruit medleys containing at least one of those melons that were produced it's facility in indianapolis it says the five states where people have been sickened include illinois indiana michigan missouri and ohio the cdc says the fruit was always was also distributed to stores in georgia kentucky and north carolina it is sold in clear plastic clam shell containers at costco jc kroger pay less owen sprouts trader joe's walgreens walmart and whole foods amazon officials say people should fro way or return products german chancellor angela merkel found the contentious group of seven summit with the president president trump sobering and depressing in her words but says european leaders won't be taken advantage of on trade she conceded in an interview on german public television yesterday that the meeting's outcome wasn't a great thing and that she has spoken of a sobering experience for her on this matter and she says it is becoming clear that the european union in germany specifically can't count on its relationship with the united states and.

European Union Chancellor Amazon Walmart Ohio Michigan Indiana Indianapolis Salmonella Germany London DOW United States Angela Merkel Walgreens JOE North Carolina
Explosive eruption at Kilauea summit sends ash 5 miles into air - wistv.com

Steve Scaffidi

00:49 sec | 2 years ago

Explosive eruption at Kilauea summit sends ash 5 miles into air - wistv.com

"What sports in a second but first breaking news wtmj breaking news center hawaii's kill away of volcano has erupted from its summit we're getting that report now sending plumes of ash about thirty thousand feet into the sky bitching update on what this could mean for conditions they don't anticipate there be very many injuries from something like this it was an ticipant again the volcano has arrested from it seven sending plumes bash about thirty thousand feet into the sky will get you an update throughout the day right here time now for wtmj sports update tough night for brewers bats as they lose at arizona diamondbacks chew to won the series finale is this afternoon it's a two or five broadcast on here on wtmj and the associated bank brewers radio network the.

Hawaii Brewers Arizona Thirty Thousand Feet
"associated bank" Discussed on WGN Radio

WGN Radio

01:44 min | 2 years ago

"associated bank" Discussed on WGN Radio

"On one count of it he's accused of trying to eliminate competition by setting prices or can tuneup officials in miami dade county will vote today on whether to break ground on a four billion dollar retail and entertainment complex near miami it would be the largest mall in north america daria albinger abc news on seven twenty wgn welcome back to the program we're on with brett mckittrick this morning it's thought leader thursday bread is the vp and senior hr consultant at associated benefits and risk consulting part of associated bank specific with 401k accounts and we go back to this notion of financial literacy are there enough employer employee training programs so that people know just how these 401k plans work there really isn't you're exactly right now there's two problems that from an education standpoint number one is just awareness and also we've talked about before in this program what's competing for that employee's money college kid coming right right out school there salad with all this kinds of of student loan debt do they even have the disposable income to put in that 401k plan or the awareness of it so employers i think along with their service provider partners establishing that 401k plan needs to do a better job of making all employees aware of that 401k plan and the opportunities that can provide now the other part of that and you mentioned education is how does anybody a janitor an architect and attorney a teacher who are in all these different professions with skill sets beyond or away from investments have they know they're making the right choices investing their money smartly to make that millionaire.

miami dade county miami brett mckittrick vp attorney consultant 401k four billion dollar
"associated bank" Discussed on WGN Radio

WGN Radio

02:20 min | 2 years ago

"associated bank" Discussed on WGN Radio

"On the broadcast it's thought leader thursday doug myers his here from associated bank for our conversation which will focus on taxes and also some other financial news this morning we'll bring in doug in just a moment and in our second segment this morning todd stetson will be here he's the co author of memos to dan entrepreneurial lessons from a father to his son you're going to enjoy that coming up in the second segment this morning some memos about being an entrepreneur but i on the wgn associated bank market desk dow futures are flat to negative this morning off about five points on the dow nasdaq and sp futures are off a couple of points each in the pre market this morning around the globe markets in europe are generally higher with the footsie up about a quarter the khakis have about a quarter as well markets in germany are lower this morning and in asia markets are generally higher the hang sang up almost two percent and a half that's four hundred twenty four point increase their the nikkei up just a fraction other markets up about a third in south korea the shanghai is up about a percent twenty six points this morning and oil is trading at sixty nine o one a barrel up fifty four cents couple of stories before we begin our thought later this morning the federal reserve's latest survey of economic conditions around the country finds growing concern among businesses about the adverse impact higher tariffs could have on firms and the overall economy the fat reports that the economic outlook remains positive with growth continuing at a moderate pace in the central banks twelve regions but the report the beige book yesterday also says various industries for manufacturing to farming and transportation are worried about penalty tariffs on china and also imports of steel and aluminum possible penalties and worried that that might impact the economy overall the report says there are widespread reports that steel prices already arising in some cases dramatically the report will be considered by fed officials when they meet next may first and second to discuss interest rates the fed's last boosted rates in march japanese prime minister shinzo ave says his country's steel and aluminum supplies would not exert any influence on the security of the united states ave says in a joint news conference with president trump that the.

doug myers todd stetson europe south korea shanghai china fed associated bank dow germany asia president two percent
"associated bank" Discussed on WGN Radio

WGN Radio

01:33 min | 3 years ago

"associated bank" Discussed on WGN Radio

"The w it's the bulls and king's tonight on wgn tv on the wgn associated bank market desk couple of stocks of local interest the only green were seen this morning his from motorola solutions they lost sir gained about four and a half percent on friday and in the premarket this morning there up about ninety eight cents a share also this morning caterpillar down two point nine percent one 5747 share this is the opening bell on seven twenty wgn from abc news wall street now the big plunge has the eyes of the investment world on wall street today the dow ended friday down two and a half percent or six hundred sixty six points at twenty five five twenty capping its worst we can two years the nasdaq composite fell one hundred forty five points to seventy two forty the sp 500 was down nearly sixty a report showing job growth above expectations provided a catalyst for the sell off it stoked speculation that the federal reserve will need to raise its key interest rate faster than expected to counter inflation meanwhile janet yellen says she's disappointed that president trump did not offer her a second term as fed chair her fouryear term ended on friday coinciding with wall street's freefall jerome powell formerly a fed board member takes over at the helm today and you can add best buy to the list of companies handing out bonuses as a result of the tax cuts nation's largest consumer electronics retailer says it will give thousand dollar checks to fulltime workers five hundred dollars a piece to parttime employees jim ryan abc news on seven twenty wgn good morning welcome back.

janet yellen trump jerome powell wgn motorola president fed parttime jim ryan five hundred dollars thousand dollar nine percent two years fouryear
"associated bank" Discussed on WGN Radio

WGN Radio

02:09 min | 3 years ago

"associated bank" Discussed on WGN Radio

"The form of new auto and student loans a sign of growing confidence in the economy federal reserve says consumer borrowing grew a point eight percent the most had more than two years to three point eight three trillion dollars a former engineer a google from the chicago area fired for writing a memo questioning googles commitment to diversity has filed a lawsuit james demorats twenty eight year old ban alleges his house jer was driven by a corporate culture that discriminates against white man here's white people also he says with conservative views were discriminated against including supporters of president trump the one hundred sixty eight uh page complaint filed yesterday on behalf of d'amour and another former gugel engineer a depicts gugel as in elitist company that runs employees shuns employees who dare to deviate from a liberal agenda embraced by its management a gogel has not responded to that lawsuit publicly with a comment now the wgn associated bank market dusk outlook for this tuesday january night so these going on will see the job openings and labour turnover survey out today your supreme court will have a hearing on police ability to search vehicles the senate finance committee will consider alex czar to be the new a health and human services secretary and api state of american energy 2018 address happens today as well some of the things that could move the market by the way ces the consumer electronics show also begins officially today delta earnings tomorrow friday some bank earnings including j p morgan wells fargo black rock and december retail sales coming out on friday just some of the things that could move the markets that's the opening bell for this morning we'll be back brighton early tomorrow morning with another addition until then i'm steve grzanich you have a great day timeless memorable music is back on the radio at eighty seven point seven fm read artists grace saw great memories right now on eighty seven point seven fm first on your dial at eighty seven point seven fm.

engineer google jer d'amour wgn senate finance committee health and human services secretary retail sales steve grzanich chicago james demorats president alex consumer electronics show brighton eight three trillion dollars twenty eight year eight percent two years
"associated bank" Discussed on WGN Radio

WGN Radio

02:14 min | 3 years ago

"associated bank" Discussed on WGN Radio

"Most important of those are the best of those i think it it all comes under the umbrella of money management i know we are spending a lot of time and energy were rolling at a new website at associated bank and it will have module's and therefore track a year expenses and tracking year spending and tracking your income and it just gives the consumer more tools in managing their whole banking relationship and managing their money it lets him know of their spending habits and i think any information you can give to the consumer is good information to help them equipped them with some money management tips and moneymanagement ideas one of the other unlis was a making sure you start saving money if you're not you were talking earlier about some of the things that we were hoping for coming from higher interest rates obviously banks will be making more money but also the possibility that that people who are saving money in banks will get actually get some interest on that excuse me the interest rates are gonna continue to rise and that will help the savings rates of savings rights have been very minimal and it's it's impacted the liquidity situation of many of our clients and there's just nada a safe place to put savings that pays much interest and as interest rates continue to go up if we had like i said two or three this year in two thousand eighteen i think that you know rates are going to go up savings rates are going to go up and it it will help the the motivate people to to continue to save one of the other a drift first of the year new you're a best of uh of advice tips is to make sure everything's organized i know we talk a lot about being in the cloud and having things out there in the ether but there's still some of us the key paperwork gove bank statements that sort of thing should now be the time we get all that organized well absolutely and i think as you uh continue to have paper you know it's important to once again think about security you know have a shredder and when you get those bank statements updated shred the old and you just it's it's so important to be able to shred old checks and old statements you don't want the.

interest rates bank statements associated bank
"associated bank" Discussed on WGN Radio

WGN Radio

01:47 min | 3 years ago

"associated bank" Discussed on WGN Radio

"The wgn associated bank market dessus morning dow finished seventy two hires wall street awaits tax reform details in europe while the indices were mixed asian markets were trading higher following us gains overnight and oil prices were little changed as the impact from expectations of an extended opecled production cut was cancelled out by rising us output we have some business news happening around the world yesterday and overnight nestle is among the potential suitors exploring an acquisition of hein hang celestial the owner of health felli cereal and tear chips has been working with center of eu partners to explore strategic review that could include a sale nestle has head conversations about buying the company as a whole or in parts shares of hain which has a market capitalisation of four point three billion spite seven percent before being halted in afternoon trading the department of justice assuming the blockade t's eighty five billion dollar deal the by time warner time warner shares began falling into the close on wednesday as news outlets began reporting the doj was planning a major antitrust action after the bell the next step for the fate of the merger is a move the courts with the doj now having to prove that the combination would violate the law at t was quick to point out that the doj has not successfully blocked a socalled vertical merger in court for nearly fifty years the activists hedge fund janneh partners took it eight point seven percent stake in blum brands operator of outback steakhouse and other restaurants calling it undervalued fun said it securities filing on monday that it acquired the stake as of november tenth making it blumin brands second largest outside shareholder shares jumped eleven percent on monday after the position was disclosed in janez latest foray into the food restaurant industry last week the fundis was a four point five percent stake in.

wgn oil prices doj outback steakhouse europe hein eu department of justice warner seven percent eighty five billion dollar eleven percent five percent fifty years
"associated bank" Discussed on WGN Radio

WGN Radio

01:35 min | 3 years ago

"associated bank" Discussed on WGN Radio

"In for steve grzanich this morning on the opening bell on on the wgn associated bank market desk this morning friday's session was quiet as major stock indexes ended with modest losses but has been with the case recently there were plenty of strong movers below the surface walmart lost two percent one day after sheer surged eleven percent on strong earnings coca cola gay back nearly two percent after investor day on thursday night he was a bright spot in the dow helped in part by huge gains from footlocker and hibbitt sporting goods which reported better than expected earnings and shares in 21st century fox were up more than six percent following reports that both comcast and bryson were interested in buying some of the company's businesses it's 522 time for wall street now from abc news from abc news wall street now investors have had trouble catching track should leaving the major indexes lower on friday the dow jones industrial average finished down one hundred points at twenty three three fifty eight the nasdaq composite was off ten and a half points the standard poors 500 lost nearly seven points the labor department says unemployment fell to record lows in three states last month alabama hawaii and taxes nationwide the jobless rate fell to four point one percent in october seventeen year low in mexico city the fifth round of talks aimed at updating the north american free trade agreement begins today the trump administration last month's stunned us nafta partners by demanding that half the value content of all north americanbuilt autos be produced in the united states despite challenging times for department stores macy's has again put up a huge holiday display in its flagship store new york among this year's themes have christmas tree.

steve grzanich walmart comcast dow jones industrial average labor department united states macy york christmas bryson nasdaq alabama mexico north american free trade nafta two percent eleven percent seventeen year one percent six percent one day
"associated bank" Discussed on WGN Radio

WGN Radio

01:38 min | 3 years ago

"associated bank" Discussed on WGN Radio

"Wgn associated bank market desk numbers asian shares finished mostly higher today modest gains recorded in tokyo hong kong south korea destroyer shanghai finished off point four percent european markets are inching higher this morning at oil futures are up in pre market trading at fifty four dollars eighty eight cents a barrel gold futures are off at twelve hundred seventy six dollars an ounce major index futures in the us still pointing to a stronger opening on wall street dow futures up point two percent sp futures up about point one percent now wgn sports mark harmon these wards report sponsored by western football chicago's big 10 team big week for the cats is they're going on the road to face nebraska two o'clock are pregame 230 the kick of its of interesting games in the big ten this weekend as well michigan state hosting penn state wisconsin on the road at indiana iowa brings in ohio hi allstate michigan is home with minnesota the bears of course with an off week the by week aaron rodgers green bay will be here a week from sunday last night nfl football josh mccown the former bear quarterback and the jets upset buffalo thirty four twenty one college football toledo beat northern illinois twenty seven two seven t rocket quarterback logan woodside threw for three hundred and sixty one yards he became the rockets alltime leading passer nba the bulls on the court tonight at orlando guard zach levin hasn't played a game all season long but he just got a lot richer side of four years shoe deal with the dita's that could be worth up to thirty five mill in dollars blackout sake tomorrow night on the road at minnesota.

tokyo hong kong south korea orlando toledo jets josh mccown nfl aaron rodgers allstate ohio michigan nebraska shanghai Wgn minnesota zach levin bulls logan woodside illinois iowa indiana wisconsin chicago us oil futures twelve hundred seventy six dol fifty four dollars thirty five mill sixty one yards four percent one percent
"associated bank" Discussed on WGN Radio

WGN Radio

01:51 min | 3 years ago

"associated bank" Discussed on WGN Radio

"September twenty eight 2017 why ten in the morning glad you're here with us for another addition of the opening bell it's thought leader thursday and coming up in a minute will bring in dawn loyd who's here from associated bank little bit later in the program we're gonna be talking about the next grid this is what might be coming in energy including energy infrastructures modernisation act all vectis the front and center this week here in illinois will be talking with commerce commission coming up but first on the wgn associated bank market justice morning asian markets are mixed as investors try to gauge the impact from the sweeping tax reform plan unveiled by president trump you're the president there in the opening montage talking about it markets in this country generally are negative this morning as we are look toward the opening bell later this morning futures off about forty nine on the dow off about thirty one other asked jack yes and p futures are lower by a fraction asian markets the nikkei up a just about ninety six points for half a percent the hang sang is off almost four percent the shanghai is lower by just a couple of points in europe this morning a markets are generally higher but not by much the footsie only up two points the the dax of thirty nine and the cac is up about eight points oil is trading at fifty to seventy four barrel that's up about five percent this morning couple of stories were watching forty of course the big story out of washington the tax reform proposal outlined by the president and congressional republicans it's the first major revamp vamp of the nation's tax code in nearly a generation the sweeping a six trillion dollar taxcut would deeply reduce levies for corporations simplify everyone's brackets nearly double the standard deduction used by most americans president declares the plan.

illinois trump president dow jack europe nikkei washington seventy four barrel six trillion dollar five percent four percent
"associated bank" Discussed on WGN Radio

WGN Radio

02:18 min | 3 years ago

"associated bank" Discussed on WGN Radio

"Later in this program we'll talk about impact investing conversation about socially responsible investing that's coming up plus her ceo spotlight but first let's begin on the wgn and associated bank market dust this morning strong data from china kept world shares near record high this morning said copper to a four and a half months peak and left emerging markets stock buyers cheering you near five percent gain in the last five days figures this morning from beijing showed china's economy amy rudy faster than forecast six point nine percent yearonyear in the second quarter thanks to a pickup in industrial output and domestic consumption and as investment remained strong asian shares had hit a twoyear high overnight europe's of bob courses that europe's markets arose to as they looked on to their fourth session of unbroken gains on the big board this morning in asia the hang sang is up about eighty one points that could for a third the shanghai little bit lower markets in japan are closed for a holiday in europe markets are generally lower they've per lower now this morning the dax is off about a half a percent fifty seven points the cactus off about a quarter the footsie london is up just about a third this morning in this country of flat open expected on wall street later this morning james rupp just two points nasdaq and sp futures have barely changed overnight and into this morning some news were watching for you heard there in the marketing montage the european union and britain of kicked off their first full session of divorce proceedings known as brexit both sides ban on seeking a quick breakthrough on unraveling ties that have found them for decades the uk secretary of state said this morning at the start of a fourday session it is incredibly important now now we make good progress in his words the talks this week are set to center on this rights of citizens in each other's nations post brexit the deal britain has to pay to meet existing commitments the border issue in ireland in the preeminence of eu's court of justice the to hope there will be sufficient progress on those issues the summer so the talks on a future relationship between the two can start interest in october or in november if their ceo spotlight this morning.

wgn china amy rudy europe asia japan european union britain ireland ceo beijing james rupp nasdaq secretary of state the deal five percent nine percent five days fourday twoyear
"associated bank" Discussed on WGN Radio

WGN Radio

02:02 min | 3 years ago

"associated bank" Discussed on WGN Radio

"Legal a firm with knowledge of all the changes you'll want to tune in for that if you are somehow related to this if you're paying child supporter receiving new laws july i and in a minute will bring in our ceo for co spotlight this morning first on the wgn associated bank market desk asian shares are mostly lower today following the drop of technology shares last week on wall street on the big board this morning a in asian markets a generally lower off the nikkei off about one hundred and four points about a half a percent other markets sir right there with them the hang sang is off about a percent and a half this morning in europe markets are generally lower as well with the footsie in london off about a quarter the dax a hundred and twenty six points lower that's a four percent and the cac is off almost four percent as well back in this country dow futures are pointing toward a week open on wall street off thirty five points this morning nasdaq futures off about fifty almost threequarters of a percent sp is off about seven this morning crude oil trading at forty five ninety six a barrel which is up about a quarters stories were watching for you this morning the ceo of lubar faces a tough week the uber borders is considering replacing or at least placing the ceo of the right haley company on leave the times a new york times says to people with knowledge of the matter have confirmed that the board is considering recommendations from a law for higher to review its corporate future newspaper says it sources requested annan anonymity because they haven't been authorized to speak for over over has been rocked by accusations by that its management under ceo travis kalanick have allowed harassment discrimination and bullying calls an e teuber have not to return again the aboard has been meeting decis asian expected imminently on that probably by mid week if not sooner than that an analyst says the average price of regular grade gasoline has fallen less than a penny per gallon over the last three weeks to forty per gallon this morning industry analyst trilby lundberg of lumber survey.

ceo lubar new york times analyst europe london dow nasdaq crude oil haley annan travis kalanick harassment trilby lundberg four percent threequarters three weeks