Regulators raise annual CRA asset thresholds

Banking News – Regulators raise annual CRA asset thresholds
&nbspThe three federal agencies announced slight adjustments in the cutoffs for “small” and “intermediate small” institutions for the purposes of Union Reinvestment Act exams.
Union Banking – http://www.americanbanker.com/news/regulators-raise-annual-cra-asset-thresholds

Why the C&I slowdown is likely to persist in 2020

Banking News – Why the C&I brake is likely to persist in 2020
&nbspPolitical uncertainty, sector-point concerns as well as appeal rate and labor trends may take up again to depress money-making and manufacturing lending in the coming months.
Union Banking – http://www.americanbanker.com/news/why-the-c-i-brake-is-likely-to-persist-in-2020

The 10 Best Consumer Staples Stocks to Buy for 2020

Private Finance – The 10 Best Consumer Staples Stocks to Buy for 2020
 

Uncertainty heading into a presidential appointment cycle, a nonstop trade war with China (it’s only a “Phase One” contract, after all) and potentially slow-moving U.S. fiscal growth has many Wall Street analysts recommending investors rotate into guilty stocks. And unsurprisingly, consumer staples stocks are getting the nod heading into 2020.

It makes sense. Consumer staples stocks – which provide things that people need on a near-daily basis, from food to toiletries – make exceptional funds in effectively every fiscal background, but they’re mainly arresting during fiscal slowdowns. That’s because people simply can’t cut back on consumer staples like they can other harvest. As a result, the sector has historically outperformed the broader market during downturns.

“We expect the market to reckon twice between a pro-recurring outcome and a guilty one as data comes in and trade tensions and the appointment evolve,” Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, wrote in a note to clients in early December. “We vaguely favor the more guilty outcome given our well below the consensus forecast for S&P 500 return growth next year.”

Admittedly, if we get another bull run like we did in 2019, consumer staples might lag a bit. While their 2019 total return (price plus dividends) through Dec. 30 of 27.3% is far better than their 12-year average annual return of 10.4%, it still was about three percentage points behind the S&P 500. But, if the market gets choppy, and mainly if a minor change or bear go is in the cards, expect this sector to shine.

Against that surroundings, here are the best consumer staples stocks to buy for 2020. These picks, which include a pair of funds, offer an ideal amalgamation of growth, downside safeguard and yield that should come in handy if havoc kicks up in 2020.

SEE ALSO: Hedge Funds’ Top 25 Blue-Chip Stocks to Buy Now

Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T052-S001-10-best-consumer-staples-stocks-to-buy-for-2020/index.html

The 10 Best Consumer Staples Stocks to Buy for 2020

Private Finance – The 10 Best Consumer Staples Stocks to Buy for 2020
 

Uncertainty heading into a presidential appointment cycle, a nonstop trade war with China (it’s only a “Phase One” contract, after all) and potentially slow-moving U.S. fiscal growth has many Wall Street analysts recommending investors rotate into guilty stocks. And unsurprisingly, consumer staples stocks are getting the nod heading into 2020.

It makes sense. Consumer staples stocks – which provide things that people need on a near-daily basis, from food to toiletries – make exceptional funds in effectively every fiscal background, but they’re mainly arresting during fiscal slowdowns. That’s because people simply can’t cut back on consumer staples like they can other harvest. As a result, the sector has historically outperformed the broader market during downturns.

“We expect the market to reckon twice between a pro-recurring outcome and a guilty one as data comes in and trade tensions and the appointment evolve,” Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, wrote in a note to clients in early December. “We vaguely favor the more guilty outcome given our well below the consensus forecast for S&P 500 return growth next year.”

Admittedly, if we get another bull run like we did in 2019, consumer staples might lag a bit. While their 2019 total return (price plus dividends) through Dec. 30 of 27.3% is far better than their 12-year average annual return of 10.4%, it still was about three percentage points behind the S&P 500. But, if the market gets choppy, and mainly if a minor change or bear go is in the cards, expect this sector to shine.

Against that surroundings, here are the best consumer staples stocks to buy for 2020. These picks, which include a pair of funds, offer an ideal amalgamation of growth, downside safeguard and yield that should come in handy if havoc kicks up in 2020.

SEE ALSO: Hedge Funds’ Top 25 Blue-Chip Stocks to Buy Now

Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T052-S001-10-best-consumer-staples-stocks-to-buy-for-2020/index.html

Top stories of the year: BB&T-SunTrust, a payday lender in disguise, unprepared for Libor’s exit, and more

Banking News – Top tales of the year: BB&T-SunTrust, a payday lender in disguise, unawares for Libor’s exit, and more
&nbspThe merger of BB&T and SunTrust, the largest bank deal in over a decade, dominated news right through the year; New York investigated the wage access app Earnin, which critics claimed was in fact a stealth payday lender; Libor is going dark in 2021, and some banks aren’t ready; and more from this year’s most-read tales.
Union Banking – http://www.americanbanker.com/list/top-tales-of-the-year-bb-t-suntrust-a-payday-lender-in-disguise-unawares-for-libors-exit-and-more

Bitcoin, despite its ups and downs, had a monster decade of growth

Banking News – Bitcoin, despite its ups and downs, had a monster decade of growth
&nbspThe largest digital token has posted gains of more than 9,000,000% since July 2010, according to data compiled by Bloomberg.
Union Banking – http://www.americanbanker.com/articles/bitcoin-despite-its-ups-and-downs-had-a-monster-decade-of-growth

Buttress a Nest Egg With a Cash Stash

Private Finance – Strengthen a Nest Egg With a Cash Stash
 That cash bucket will come in handy if your riskier fiscal proclamation, such as stocks or bonds, are in a bear market.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T037-C000-S004-retirees-strengthen-a-nest-egg-with-a-cash-stash.html

Buttress a Nest Egg With a Cash Stash

Private Finance – Strengthen a Nest Egg With a Cash Stash
 That cash bucket will come in handy if your riskier fiscal proclamation, such as stocks or bonds, are in a bear market.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T037-C000-S004-retirees-strengthen-a-nest-egg-with-a-cash-stash.html

Bank boards need more women of color

Banking News – Bank boards need more women of color
&nbspFinancial institutions should fully release their board arrangement to start tackling diversity harms at the top.
Union Banking – http://www.americanbanker.com/opinion/bank-boards-need-more-women-of-color

You Need an Asset Allocation Plan Even More in a Bull Market

Private Finance – You Need an Asset Allocation Plot Even More in a Bull Market
 It’s tempting to overinvest in stocks today, but all needs some safe ballast. For part of your safe-money part, fixed annuities offer guarantees, higher rates and tax deferral.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T003-C032-S014-you-need-an-asset-allocation-plot-even-more-now.html

You Need an Asset Allocation Plan Even More in a Bull Market

Private Finance – You Need an Asset Allocation Plot Even More in a Bull Market
 It’s tempting to overinvest in stocks today, but all needs some safe ballast. For part of your safe-money part, fixed annuities offer guarantees, higher rates and tax deferral.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T003-C032-S014-you-need-an-asset-allocation-plot-even-more-now.html

Pros, Cons and Possible Disasters after SECURE Act

Private Finance – Pros, Cons and Doable Disasters after SECURE Act
 Sweeping retirement changes were just signed into law that bring both positives (for savers) and potentially disastrous penalty (for heirs). Here are five vital things all should do right now.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T064-C032-S014-pros-cons-and-doable-disasters-after-secure-act.html

Pros, Cons and Possible Disasters after SECURE Act

Private Finance – Pros, Cons and Doable Disasters after SECURE Act
 Sweeping retirement changes were just signed into law that bring both positives (for savers) and potentially disastrous penalty (for heirs). Here are five vital things all should do right now.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T064-C032-S014-pros-cons-and-doable-disasters-after-secure-act.html

HSBC pins asset management growth on ETFs 

Banking News – HSBC pins asset management growth on ETFs 
&nbspNew investment head Nicolas Moreau attempts to revive flagging fund arm 
Fiscal Times – Fiscal Air force – https://www.ft.com/content/5947b89a-45ff-464d-a46a-2e8790da206b

Are states gaining upper hand in fintech charter battle?

Banking News – Are states gaining upper hand in fintech charter battle?
&nbspWith fintech firms appearing stuck in neutral in their efforts to seek bank charters from federal dictatorial agencies, observers say state licensing options could be in vogue again in 2020.
Union Banking – http://www.americanbanker.com/news/are-states-gaining-upper-hand-in-fintech-charter-battle

California denies license to point-of-sale lender

Banking News – California denies license to point-of-sale lender
&nbspThe declaration by the state’s Sphere of Affair Administration on an concentration for a lending license by Sezzle could guide fintechs and others seeking to make loans to patrons at the time of hold.
Union Banking – http://www.americanbanker.com/news/california-denies-license-to-point-of-sale-lender

The 20 Best ETFs to Buy for a Prosperous 2020

Private Finance – The 20 Best ETFs to Buy for a Flourishing 2020
 

All bets are off for 2020. We could talk about any number of the makings growth catalysts or looming hurdles for the new year, but overriding them all is the chaos machine of the presidential appointment. The best ETFs to buy for 2020, as a result, are calculated to take benefit of realistic biased outcomes, calmly weather the storm or barrel forward in any case of what the new year brings.

That’s no insight of utter doom and gloom, mind you. Indeed, there are plenty of pockets of confidence to be found.

2019’s brake in worldwide fiscal growth might have kept stocks from roaring even louder than they did, but Morgan Stanley believes global GDP growth will rebound in 2020 – a the makings driver for the market. FactSet, meanwhile, reports that the new year’s estimated return growth rate for the S&P 500 Index should come in at 9.6%, which is above the 10-year average. (Analysts are even more in no doubt, looking for profit growth “just over 10%,” according to Kiplinger’s 2020 investing outlook.)

That said, even the most hopeful of S&P 500 targets for 2020 call for roughly 10%-11% returns – most are closer to the 5%-7% range, and a few are calling for flat routine or worse. So while you do want to anchor your choice with a few broad, go-everyplace funds, many of the best ETFs for the year ahead will have to attack point slices of the market.

Here are the 20 best ETFs to buy for 2020. This is an intentionally wide choice of ETFs that meet a number of uncommon objectives. We don’t suggest investors go out and stash each and every one of these funds in their choice; instead, read on and find out which well-built funds best match what you’re trying to accomplish, from buy-and-hold income plays to high-risk, high-reward shots.

SEE ALSO: The 30 Best Mutual Funds in 401(k) Retirement Plans

Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T022-S001-the-20-best-etfs-to-buy-for-a-flourishing-2020/index.html

It’s time to go all-in on open banking

Banking News – It’s time to go all-in on open banking
&nbspStill trying to figure out whether to build gateways to your bank’s data and systems? Here’s why you should transition.
Union Banking – http://www.americanbanker.com/opinion/its-time-to-go-all-in-on-open-banking