Sentences with phrase «before the financial crisis in»

Or maybe it's the fact that the number of Americans receiving food stamps is still almost double what it was before the financial crisis in 2007?

Higher education spending overall, however, is not at the rate it was before the financial crisis in 2007.

Global subsidies for fossil fuels have returned to levels not seen since before the financial crisis in 2008, estimated at $ 523 billion to $ 1.9 trillion, according to a new report.

Not exact matches

In the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a yeaIn the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a yeain 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a year.

Sales had been sliding for several years before plunging off a precipice as the financial crisis deepened into a global recession in 2009.

The terms and prices of variable annuities were much better before the financial crisis, but the rationale for a contract that guarantees an income stream while allowing for some participation in potential growth in the investment markets remains intact, according to Mark Cortazzo, senior partner at Macro Consulting Group.

He warned before the financial crisis that inflation would cause a shock, and after the crisis that central banking policy would ultimately force a reckoning in stocks.

The same criticisms of variable annuity contracts, however, were valid before the financial crisis — and those contracts nonetheless helped many people survive the 50 percent plunge in the stock market.

«Confidence» was the theme of Poloz's opening statement before the House of Commons Finance Committee, which identified a need to restore the faith of Canadians in pursuing business opportunities following the shake - up of the global financial crisis.

That would be the biggest ever buyback for Citi, surpassing a $ 15 billion buyback announced in 2005 before the financial crisis, according to Richard Peterson of S&P Global Market Intelligence.

This was a notable change from the panel's views in 2006 — before the financial crisis and recession — when more execs were in favour of loosening restrictions in the sector.

The study found employees had contributed 8.4 % of their salaries to their 401 (k) accounts, the highest rate since just before the financial crisis hit in 2008.

The Fed must be «extraordinarily patient» about reducing monetary policy accommodation, he said, so the job market can return to the strength it had in 2006, before the financial crisis hit.

Virgin America, which took to the skies in 2007 just before the financial crisis, earned $ 10.2 million on revenue of $ 1.42 billion in 2013, its first ever profitable year.

When we launched America's Top States for Business in 2007 — before the housing market implosion and the financial crisis — our Top States were attracting not only businesses but people: families and home buyers.

Like its list - mate Energy Future Holdings, Caesars Entertainment (CZR) was the target of one of the largest leveraged buyouts in history just months before the financial crisis struck.

The annual bonus for the average Wall Street worker is back to heights not seen since before the financial crisis, though the industry has shrunk in size since then.

The couple is living in a rented house after lenders foreclosed on a property they'd borrowed heavily to buy just before the 2008 — 09 financial crisis.

Personal consumption rose 4.2 % in the second quarter of the year, the best reading since the fourth quarter of 2014 and near the best level we've seen since before the financial crisis.

But the SEC never prosecuted the worst offenders in the 2008 financial crisis — and it even failed to pursue Bernie Madoff, despite the fact that it had been tipped off about his scam long before he confessed.

But Buffett knows the company and has invested in it before during the financial crisis.

Its holdings are nearing $ 4 trillion, more than four times their level before the financial crisis struck in the fall of 2008.

Think about it; if you were unlucky enough to buy into the stock market at the peak in 2008, just before the financial crisis hit full force, your gains (excluding dividends) wouldn't buy you much more than two loaves of price - fixed bread at Loblaws and a bag of President's Choice sour grapes.

The banks likely could manage a bust in either city; they would feel it, but their capital cushion is bigger than it was before the 2008 crisis and they are among the most profitable financial institutions in the world.

When asked about contagion effects from the decline in oil prices, Yellen said that «leverage in the financial system in general is way down» from levels before the crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.

Wechter joined Citigroup in 2004, working in investment banking and then corporate strategy during the financial crisis before becoming chief of staff to Richard Parsons, the chairman at the time.

You can see evidence of these scars in many clients» allocation of their financial assets; before we even begin to discuss asset allocation from an investment standpoint, we focus on making sure clients have sufficient liquidity to make it through another crisis.

I think that it will be hard to escape the conclusion that household debt grew at an unsustainable pace in the decade before the great financial crisis and that this was an important spur to growth.

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.

To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never - seen - before levels, and created a plague -LSB-...]

That peak came in the third quarter of 2007, just before the financial crisis hit.

Before the financial crisis, nominal GDP growth of 5 % was considered normal in America.

OTTAWA — Canada's labour market posted its ninth - straight month of job gains in August to give the economy its longest monthly growth streak since before the financial crisis nine years ago.

It was only a few years later, while I was reading Charles Kindleberger's A Financial History of Western Europe that I learned that the 1873 crisis actually «began» with a stock market crash in Vienna in May, four months before the New York markets fell, which spread to Germany, England and other countries, and the subsequent depression was perhaps the first «global» panic and depression in history.

In contrast to the stronger recoveries of the United States and Britain, the bloc's gross domestic product has still not regained its levels from before the onset of the financial crisis in 200In contrast to the stronger recoveries of the United States and Britain, the bloc's gross domestic product has still not regained its levels from before the onset of the financial crisis in 200in 2007.

Back in 2007, before the financial crisis, a portfolio of investment grade bonds would have yielded comfortably over 5 %.

It then reversed course and gave back those gains and then some before bottoming out in the aftermath of the financial crisis.

The program, similar to one begun in the United States much earlier, has not been enough to bring eurozone growth back to where it was before the global financial crisis of 2008.

The financial crisis of 1997 - 98 in Southeast Asia and South Korea, destroyed some of the wealth created in the booming years before and further undermined Canadian commercial interest in the region.

«It helps to stop problems before they become crises in the financial system.»

The Wells Fargo Investment Institute recently suggested that earnings growth may have peaked in the first quarter, while Morgan Stanley calculated that expectations for stock returns were at their lowest level since before the financial crisis.

Americans for Financial Reform balked at the Act, explaining in a statement on Thursday that the legislation «contains so many unprecedented gifts to the financial industry that it would make financial regulation even weaker than it was before the crisiFinancial Reform balked at the Act, explaining in a statement on Thursday that the legislation «contains so many unprecedented gifts to the financial industry that it would make financial regulation even weaker than it was before the crisifinancial industry that it would make financial regulation even weaker than it was before the crisifinancial regulation even weaker than it was before the crisis.»

And number three, frankly, was mainstream because many people overreached in their homes because there was easy money and easy credit before the financial crisis.

By the same token, an immediate rise in our policy rate back to, for example, the 4.25 per cent that prevailed before the financial crisis would represent an extreme tightening of policy and would have significant consequences.

Meanwhile, bid - ask spreads in major corporate bond markets have narrowed sharply in recent years, but remain somewhat wider than the levels observed immediately before the global financial crisis (Graph 2, right - hand panel).

Not only is the S&P 500 now more than 63 percent higher than its previous all - time high before the 2008 financial crisis, it is the second - longest bull market in U.S. history.

In the aftermath of the 2008 financial crisis, eight bank chief executives testified before Congress.

The requirements for establishing a trust are so extensive that we have created the first new trust in the state of New York since before the financial crisis of 2008.

Retail sales picked up in the December quarter in most countries, and capacity utilisation rates are at levels not seen since before the Asian financial crisis.

While no one is expecting a new peak in trading like the ones that occurred in 2009 and shortly before the financial crisis, the trading desks of the biggest U.S. banks are expected report revenue as much as 5 % higher than a year ago, say analysts at Credit Suisse.