Jay Rasmussen of Naples, FL - Economic Outlook for 2015

Jay Rasmussen of Naples, FL: Economic Outlook for 2015 As a Senior Vice President at Gibraltar Private Bank & Trust, Jay Rasmussen of Naples, FL has enjoyed an immense amount of success. More to implementing banking products that have increased the institution’s profitability, he has also managed to exceed the expectations placed upon him on a consistent basis. Since 2012, the year he joined the company, he has proven to be an invaluable asset, and has complied with the bank’s BSA and KYC policy and procedures in all his undertakings.

Due to his position, Jay Rasmussen of Naples, FL is in a unique position to understand the effect of various economic factors on the success of his bank's undertakings. Every month, Gibraltar Private Bank & Trust's marketing department publishes a report on the bank's undertakings, with the help from the information and insights acquired from executives like Jay. At the end of the year, all the trends over the year are analyzed, and an outlook provided for the coming year.

For Gibraltar Private Bank & Trust, the year 2014 was a “strange ride for financial markets.” First, the U.S. suffered one of the most severe winters recorded in history, but still the economy held on to record a strong rebound. Earnings in the corporate sector continued to improve, helped in part by consistent jobs reports. However, as strong as the U.S. economy looked for the first half of the year, the second half exposed some glaring divergence “between the U.S. and other major nations.”

Economies for other parts of the world, mostly Europe and Asia, slowed down considerably.

Looking forward to 2015, Gibraltar Private Bank and Trust is largely uncertain of how the economy will perform. While the bank expects the jobs market, corporate earnings, and housing markets to gain steadily, the international markets might not be quite as lucky. Falling oil prices will play a big role in the performance of international markets and is something all financial players will keep monitor closely.

On his part, Jay Rasmussen of Naples, FL will continue to provide the excellent services that have made him an exceptional individual in the banking industry. His ability to develop and implement bank product cross-selling programs, initiate and build effective teams, and deliver presentations to small and large groups has proven invaluable, and the bank will look upon him to maintain his stellar record of accomplishments. Even with an uncertain year ahead, Jay's input will be crucial to the bank's overall success.