Despite a surge in new COVID-19 infections in broad swaths of the U.S., the stock market seems to take no notice. The S&P 500 posted a modest gain of almost 2.0% for the month of June, leaving the index roughly where it was in late October 2019, well before the...
Improved Yield Curve and Reduced Trade Tensions Boost December Bank Stock Gains, Capping Off a Strong Year. Outlook for 2020 Remains Positive, but Unlikely to Match 2019. The month of December was generally a positive period for the markets, with relatively little...
Fed Rate Cut, Easing Worries Over Trade and Economic Growth Propel Bank Stocks in September. The month of November showed little volatility in the markets, but what it lacked in drama, it made up for in good vibes. The markets moved steadily upward during the month,...
Fed Rate Cut, Easing Worries Over Trade and Economic Growth Propel Bank Stocks in September. The dark clouds of worry that caused a general stock market decline that hit the banking sector particularly hard in August gave way to a much less pessimistic attitude in...
The SBA developed the 504 Certified Development Company Loan Program (the “SBA 504 Program”) to promote economic development and create jobs. Under the SBA 504 Program, a bank, credit union, insurance company or other financial institution, including...
The Fund expects that Fund investors that are subject to examination for CRA compliance may seek favorable regulatory consideration of their Fund investment under the CRA. At the time of an investment in the Fund, an investor that meets the minimum investment...
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