Start Date/Time:
Tuesday, September 22, 2020 8:30 AM
End Date/Time:
Tuesday, September 22, 2020 12:30 PM
Recurring Event:
One time event
Importance:
Normal Priority
Category:
Seminars
Description:
CLICK HERE to Register!
This
annual program, facilitated by Jim Clarke, will focus on the critical issues bank ALCOs are facing in 2020,
and what we anticipate for 2021. Economic data was positive entering 2020. The
U.S. was in the longest business cycle expansion in history, 127 months in
January. But that ended in February with the spread of the coronavirus. 2019
GDP growth was 2.3%, and forecasters expect continued good growth in 2020, but
the collapsed in the 1st quarter. We will review economic forecasts
for the rest of 2020 and for 2021. The central issue for most ALCOs is when is
commercial loan demand going to return to the level of 2019?