(Printable PDF) When Will Inflation Peak? It’s been a rough ride for investors as red ink has spilled profusely so far this year. The losses have been particularly acute in the bond market, which, ironically is usually the refuge for investors seeking safety and stability when conditions get dicey. Not
(Printable PDF) Here Come The Rate Hikes The Russian invasion of Ukraine is primarily a human tragedy, but the global economic costs can’t be ignored – and they are piling up. It’s unclear how long the war will go on; the longer it persists, the greater the toll on world
Leslie Joannides-Burgos and Boston Age Strong Commission’s Age Friendly Director Andrea Burns discuss Brookline Bank’s Age Friendly Training and Elder Financial Fraud in an interview hosted by Seven Letter’s Ann Murphy. OA On Air · EXTRA: Brookline Bank’s Executive Vice President Leslie Joannides-Burgos; AFB Director Andrea Burns
(Printable PDF) Tumultuous Start To The Year With barely two months in the books, it is hard to remember another year that opened with as much drama as 2022. The swirl of events included the surge and rapid descent of the Omicron variant, spiraling inflation, heart-throbbing geopolitical tensions with Russia,
As we enter the third year of the pandemic, Brookline Bank President and CEO Darryl Fess shares his thoughts on the 2022 economy with Ann Murphy of Seven Letter/O’Neill and Associates. He touches upon issues including how the pandemic has affected the economy, inflation, supply-chains, labor shortages, commercial real estate,
(Printable PDF) Economy Faces a Winter Chill A winter economic soft patch has begun, as spiking Omicron cases exacerbate supply chain and labor market stress and fuel greater consumer and business caution. While the virus continues to be in the driver’s seat of the recovery, the early 2022 economic cool
Printable PDF Fear & Inflation Cast a Shadow Over 2022 It may not feel like it given the resurgence in Covid health concerns, elevated inflation, and heightened financial market volatility, but the U.S. economy is doing quite well heading into the new year. Unemployment is falling rapidly, people are shopping
Printable PDF A Christmas Wish: More Supply Please The clouds over the U.S. economy are dissipating as one of two key constraints on activity is fading. Thanks to an improving health situation amid ramped-up vaccination efforts, people are traveling again, going to concerts, and engaging in a host of social
Printable PDF It’s Not Stagflation, But It Sure Is “M.E.S.S.I” The U.S. economy is going through another rough patch, as supply shortages abound, workers are hard to find, and inflation is surging. Legislators are at loggerheads over the two major pieces of legislation that the White House is struggling to
Printable PDF The U.S. Economy – A Delta Detour The U.S. economy is past its fastest growth phase, but like a marathoner it still has plenty in reserve to continue the run. Until the Delta variant reared its ugly head it was thought that conditions would have returned to normal
The US economy passed a key milestone in the second quarter as it more than recouped output lost during the Covid-induced recession.
The economy just finished the second quarter coming off the second strongest growth rate since 1978. The powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is unlikely to be smooth.
How has the pandemic affected the business climate, and what’s on the horizon for the local economy the remainder of the year? Bob Rose, Brookline Bank’s Chief Credit Officer talks about the top economic issues facing the region with Ann Murphy, at Seven Letter Associates. OA On Air · EXTRA:
Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished.
The economic environment is ripe for naïve and misguided narratives. Taken at face value, the latest reports on jobs, consumer prices, and retail sales suggest that the U.S. is in the grips of a jobless recovery and a stalling economy that is weighed down, by worrisome inflationary pressures.
COVID-19 has affected the world in many ways. One significant impact was a large majority of the workforce, moving their work stations to their homes. In this week’s edition of OA on Air, Pat King, Brookline Bank’s Information Security Officer, talks to Seven Letter Partner, Ann Murphy about the importance
The well-telegraphed heat wave in economic activity is underway. Most key economic data for March exceeded expectations, punctuating a quarter that turned out to be considerably stronger than anyone predicted earlier in the period.
Spring has sprung, and the season of hope is resonating throughout the economy. After suffering a 3.5 percent contraction in 2020 – the steepest since demobilization in 1946 – real GDP is poised to surge as much as 7 percent this year, which would rival the biggest annual gains since World War II.
We asked our President & CEO, Darryl Fess, to answer a few questions about what he believes will impact businesses and the economy in Greater Boston, including the impact of the Coronavirus Pandemic, remote work environment, changes in banking sector, horizons for commercial real estate, Brookline Bank’s 150th Anniversary. There
The bleak economic landscape that prevailed in the closing months of 2020 has not faded from the collective memory of the American public. With the pandemic still claiming too many lives and the economy still reeling from business restrictions and virus fears that hamper normal behavior, the lingering effects cannot be ignored.
Brookline Bank’s EVP of Retail and Business Banking, Leslie Joannides-Burgos discusses how, as an essential service, the bank has remained open through the Covid-19 pandemic. Hear how Brookline Bank adapted daily operations to continue to meet customers’ needs, while providing a safe environment for both customers and employees. Leslie’s interview
It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently adhere to social distancing protocols.
We’ve always said that the health crisis would determine the path of the economy, and the latest news on the pandemic is concerning. Cases of the virus, hospitalization and mortality rates have surged to unfathomable levels, and health experts believe this distressing trend will accelerate after the holidays.
Like his former boss, President Barack Obama, Joe Biden will be inheriting a damaged economy when he takes office on January 20, 2021. The Covid-19 pandemic has not only sent the nation into its deepest recession since the 1930s, it is leaving indelible scars that will restrain activity for some time to come.
