economic and market update july 2009 senior vice president & investment officer associated...

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Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

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Page 1: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Economic and Market UpdateJuly 2009

Senior Vice President & Investment OfficerAssociated Wealth Management

Sara J. Walker, CFA

Page 2: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

2

BY MID-2000s SECURITIZATION HAD MAJOR ROLE IN KEY SEGMENTS

Credit Markets

Share of Loans Securitized

0%

10%

20%

30%

40%

50%

60%

70%

Syndicatedcorporate

loans

Homemortgages

Commercialmortgages

Auto loans Consumerloans

Page 3: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Unemployment Woes

Source: Moody's Economy.com

Page 4: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Far-Reaching Implications

Source: BusinessWeek

Page 5: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Frugality is the New Focus

Source: Moody's Economy.com

Page 6: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

You Must Want a New Car

Page 7: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

So Much Slack

Source: Moody's Economy.com

Page 8: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Moderate Glimmers of Hope

Source: Moody's Economy.com

Page 9: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

More Moderate Glimmers

Source: Moody's Economy.com

Page 10: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

Beacon of Hope

Source: Moody's Economy.com

Page 11: Economic and Market Update July 2009 Senior Vice President & Investment Officer Associated Wealth Management Sara J. Walker, CFA

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Questions?Sara J. Walker, CFASenior Vice President & Investment OfficerAssociated Wealth Management

Fiduciary, administrative, and planning services are provided by Associated Trust Company, N.A. (“ATC”). Investment management services are provided to ATC by Associated Investment Management LLC (“AIM”). • ATC and AIM are both affiliates of Associated Banc-Corp. • Associated Wealth Management is a marketing name Associated Banc-Corp uses for products and services offered by ATC.

This material is for information solely and should not be construed as tax, legal or accounting advice. AB-C and its affiliates do not provide tax, legal or accounting advice. Please consult with your tax, legal or accounting advisors regarding your individual situation.