An Economy That is Good for Banks

At least for the moment, so far in this scenario, banks prefer to be cautious. Richard Davis executive of U.S. Bancorp (NYSE: USB) said: a Creo is good for the banks if we continue to be prudent as an industry and not generate credit growth through the reduction of support in the capital . A spokesman for Bank of America (NYSE: BAC) in Charlotte (North Carolina) said: Existent fewer opportunities to generate high quality loans because of the recession . a On the demand side of credit, it is true that it has been reduced, but they have also heard complaints from potential applicants on the increasing demands for access to new financing, as is the case of Ernie Cambo the CPF Investment Group real estate developer who had to curb their investments in the construction of a mall by a lack of funding beyond the initial stages. to lack of credit growth as usually occurs after multiple actions encouraging as those generated by the U.S. Treasury and Federal Reserve, has generated many questions from various sectors of the political front.

Because he has spent a lot of taxpayer resources and expectations are still not satisfied (or perhaps had developed an excessive expectation.) Rep. Spencer Bachus a, he claimed the U.S. Treasury Secretary Timothy Geithner, the poor results so far: a Digame really see why not leverage that , referring to the effects expected had the TARP in generate a strong push credit on the economy. For the effect of TARP Geithner is not observed because in reality what was not achieved the same increase the stock credit but to avoid a collapse of it. a The reality is that beyond that credit demand is showing a little shy, the little demand there are major obstacles to accessing credit. And while it’s understandable that these may become greater demands imposed by U.S.

banking institutions, it is limiting the recovery of investment and consumption in the U.S. slowing down and taking off force to economic recovery. a While the banks are afraid to lend, those who are in a better position to do so may take this opportunity to reposition themselves. And among these banks is the Santander (IBEX 35: SAN, NYSE: STD), which we talked about in a previous article a The Santander to conquer the world a . a Horacio Pozzoa Independent Investment History will show that the Fed helped to avoid a Great Depression in 2008, but it took radical steps along the way make it more vulnerable politically than it has been in decades. During its 96 year history, the U.S. Federal Reserve (Fed) has gone through a handful of moments of transformation. The current one, this is the time that individual investors should use to achieve financial independence. Paola Pecora here tells us the investment options that more than 4,000 Latin Americans are already taking advantage. Stop wasting time and learn to invest and become a PREMIUM investor now. Latinforme.com is the main source of financial information and independent opinion on American and global markets from a Latin American perspective. From our offices in Buenos Aires, Argentina, I approached the latest news and alerts to help you make gains regardless of the direction taken by the market.

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