2011 Ends with Mixed Results, More of the Same Expected in 2012 According to Farmers and Merchants Trust Company
Summary
Farmers and Merchants Trust Company was founded in its current Long Beach location, 302 Pine Ave., by the Walker family and expanded to Orange County, at 24300 Paseo de Valencia, Laguna Hills, in 2000.Statement on Projections The Economic Update views expressed are those of Farmers and Merchants Trust Company and are based upon information believed to be reliable.### Long Beach, CA, January 22, 2012 --( PR.com )-- Stifled by widespread market volatility and a prevailing aversion to high-risk investments, 2011 ended with mixed results.This trend is expected to continue throughout 2012 as the markets grapple with a global debt crisis and U.S. elections loom, according to Farmers and Merchants Trust Company’s (FMTC) December Economic Commentary.“Recent stop-gap liquidity measures and mild economic growth have suggested that recovery is on the horizon; however, widespread concerns remain surrounding a long-term, sustainable recovery,” said Jay Ferrara, vice president and investment officer with FMTC.Farmers and Merchants Trust Company was founded in its current Long Beach location, 302 Pine Ave., by the Walker family and expanded to Orange County, at 24300 Paseo de Valencia, Laguna Hills, in 2000.