Forefront | Blog
Stormy Forecast
We have just finished hosting our 4th Annual Middle Market Forum which was attended in Troy and Grand Rapids by bankers, advisors, attorneys, and business owners. Special thanks to our partners President Pretty and Dr. Tim Nash from Northwood University who gave their economic prognostications for Michigan and the U.S. In addition, Steven Alexander – PNC, Steve Davis – Comerica, John Porterfield – PNC, and Art Gray – Comerica, shared their insights on new credit regulations and the vibrancy of the lending market. The start to the new year has seen great volatility in the financial markets. Energy stays top of mind for distress in 2016. The phenomenon of our president reminding us how great things are with low unemployment and interest rates is somehow contradicted by the 74% of our 18 to 34-year-olds who think the declared socialist candidate would be a good president. What ever happened to self-reliance and the pursuit of prosperity in the free market system? To say we live in interesting times would be an understatement.
