Stocks and bonds should perform better in 2023

As first seen on biztimes.biz. By: John Gonner, President & CEO and Chief Investment Officer There is no doubt, 2022 was a bad year for investment returns. It was especially bad because while stocks entered a bear market (down more than 20%) bonds also were having...

Is it or isn’t it a recession?

As first seen on CUInsight.com. By: John Gonner, CFA President, CEO & CIO Most people have heard that a commonly used definition of a recession is two consecutive quarters of negative GDP (Gross Domestic Product) growth. GDP measures the value of all the goods and...

Inflation is Putting Pressure on the Economy

As first seen on biztimes.biz John J. Gonner, CFA First Community Trust, N.A. July 1, 2022 Many times since the financial crisis 14 years ago, experts have sounded the alarm about the coming inflation, but it failed to materialize.  Well, it has arrived.  The Consumer...

Diane Derifield Announces Plans to Retire

FCT Vice President, Diane Derifield, has announced her plans to retire on March 31st. Diane has been an integral part of the FCT team for many years. She brought decades of experience working in the trust industry and passionately helped her clients. Prior to joining...