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This profile was last updated on 9/20/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Alan Day

Wrong Alan Day?

Business Analyst

The Hartford Financial Services Group , Inc.
One Hartford Plaza 690 Asylum Ave.
Hartford , Connecticut 06115
United States

Company Description: The Hartford Financial Services Group, Inc. is one of the nation's largest insurance and financial services companies, with 2002 revenues of $16.4 billion. The...   more
Background

Employment History

Board Memberships and Affiliations

Education

  • Stonier Graduate School of Banking
  • The Ohio State University
96 Total References
Web References
Calyx News
www.calyxnews.com [cached]
Long-term interest rates, including mortgage rates, "by all rights ought to be going up," said Alan Day, the chief economist for TD Banknorth, a regional financial-services company headquartered in Portland.Market forces typically cause long-term rates to follow the short-term interest rates that the Fed directly controls.
But not this time.
"They're not doing what they want them to do," Day said.
...
Day said some of that generalized uncertainty afflicted businesses during the past three years of slow growth, and many firms decided that having some cash on hand was not a bad thing.
...
Day, for one, thinks that people were a little bit spoiled in the 1990s and shouldn't expect that the economy will always be growing rapidly with low inflation.
"The economy is growing at a nice pace.It's just that maybe our expectations are a little greater," he said.
USA Risk Group 3rd Annual Executive Educational Seminar
www.usarisk.com, 18 April 2008 [cached]
J. Alan Day, TD Banknorth Wealth Management Group, Vice-President and Senior Portfolio Manager
J. Alan Day has been with TD Banknorth since October, 1983; serving a Chief Financial Officer of a subsidiary bank; Director of Investments for the holding company; Economist for the Wealth Management Group; and currently as a Senior Portfolio Manager in the Wealth Management Group.
Mr. Day has been part of the TD Banknorth Captive Management Team since 1994, specializing in captive insurance company investment portfolio management.He has participated in Vermont Captive Insurance Association annual conference seminars.Additionally, he has helped write with Tina Truax McCuin articles published in Captive Review.
J. Alan Day is a graduate of The Ohio State University and Stonier Graduate School of Banking.Most recently he has completed five seminar courses sponsored by the International Center for Captive Insurance Education.
Consumers Won't Feel Interest Hike Immediately, Financial Experts Say
remodeling.hw.net, 7 July 2004 [cached]
Perna and J. Alan Day, vice president, senior investment manager and chief economist for Banknorth Group Inc., the parent of Banknorth Connecticut, said the hike in the federal funds rate will increase the yield of investment securities like Treasury bills and bonds and savings bonds.
...
At this point in time, not even (Federal Reserve Chairman Alan) Greenspan knows the answer to those questions."
Perna and Day both feel the Federal Reserve will continue to raise rates in small increments over the next 18 months in an effort to ward off inflation.
...
Should they occur, a series of future rate hikes could make it more expensive for state and municipal governments to borrow money, which could result in higher state and property taxes, Day said.
They could also eventually slow down the real estate boom that reached record levels in many areas in 2003.Fewer homes being sold could have a corresponding negative impact on manufacturers and retailers of tools, lumber, paint and other home-improvement products, Day said.
...
Day said written comments by Greenspan that accompanied the announcement of the rate hike were "reassuring and benign."
"People don't like big, rapid changes," Day said.
Daily News Tribune - Local News Coverage
www.dailynewstribune.com, 9 May 2004 [cached]
According to Alan Day, chief economist at Banknorth in Burlington, Vt., women choosing to stay home with their children does have a downside.
"For women who have invested in their education in either bachelor, graduate level and beyond, the experience at a company is difficult to replace," said Day.
...
As you move down the income level, the choices become more difficult," said Day.
J. Alan Day, Banknorth ...
www.ibcusa.com, 25 Mar 2006 [cached]
J. Alan Day, Banknorth Wealth Management Group
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