The term “inflation” has been circulating in the headlines and on the news for some time now and, unfortunately, doesn’t seem to be going away anytime soon. Put simply, inflation is described as an increase in prices coupled with a decrease in the purchasing power of money.
First Bank’s Director of Investments David Presson recently spoke to David Nicklaus with the St. Louis Post Dispatch about how the stock market has set records high, while the global pandemic has worsened. Read what David Presson had to say.
First Bank Wealth Management, discussed potential changes to the federal tax laws in light of the 2020 election and how wealth plans will cope, especially if there is a shifting tax landscape.
Michael Kelley (Democrat) and John Hancock (Republican), co-hosts of the popular weekly “Hancock and Kelley” television program on KTVI-Fox 2 and frequent radio hosts on KMOX-AM 1120, covered the national elections and discussed statewide topics for Missouri, Illinois, and California on October 22.
First Bank partnered with the Greater St. Louis Honor Flight (GSLHF) and the St. Louis Blues for to honor World War II and Korean War veterans.