OMNIClub Outlook - Texas Bank and ...
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E D U C A T I O N • E V E N T S • E X P E R I E N C E T R A V E L
OMNIClub Outlook APRIL – JUNE 2021
What Will the Economy
Look Like in 2021? by Sherry Gibbon,
Community Relations Manager
s I am writing this, I think back to the start of 2020, when As the number of individuals receiving the vaccine increases, we
I first heard the term COVID-19. I originally thought it will see more changes impacting our daily lives. As individuals are
cannot be as bad as I am hearing. Reality set in when vaccinated, some may feel a sense of security or freedom to return to
individuals I knew lost their lives to this deadly virus. small social gatherings and outings.
COVID-19 has impacted us financially, as individuals, and our local What impact is all of this still having on our economy and what can
and national communities have suffered, too. Lives have been we look forward to in 2021? Of course no one knows for sure, but
lost, jobs have been lost, and businesses have closed as an effect economists and individuals can tell us what to expect based on past
of COVID. Then, we received hope of a trends. With a new U. S. President in
vaccine to attack this pandemic and, the White House and the Democratic
at the end of 2020, individuals started Party having control of both houses of
receiving much-needed doses. But, Congress, how will this affect financial
how long will it take for our lives to get markets and our retirement savings?
back to normal and how long will it Again, economists will consider the
take for us to recover financially? These history of the market and make their
are important questions for every predictions. Nevertheless, considering
individual. all of the adversities and changes
If you live in the state of Texas, as last year – COVID-19 vaccinations,
of March 10, 2021, you know that loss of jobs, business closures, and a
businesses have now been allowed new administration in Washington –
to resume 100 percent capacity. With there has been a huge impact on the
Governor Greg Abbott opening up economy and how individuals will
Texas, the hope is that many individuals invest and spend their available funds.
can get back to work and businesses can “What impact is all of this having on our economy, To find out more, Texas Bank and
generate new jobs for the unemployed, and what can we look forward to in 2021?” Trust Senior Vice President and Chief
which, in turn, will put money back Investment Officer, Kimberly Spinks,
“How will this affect financial markets
circulating into the local economy. The will speak on the economy at our next
and my retirement savings?”
enjoyments we once took part in will OMNI “Zoom” event. Make plans to join
return, such as going to the movies, concerts, athletic events, and us on Thursday, May 6, at 12:00 p.m., to hear her remarks on what to
eating out at restaurants. expect with the 2021 economy.
If you are interested in attending this OMNI event, please contact Sherry Gibbon at 903-237-5568,
or register online at www.texasbankandtrust.com.
Be Thankful
In the January – March OMNIClub Outlook newsletter, I listed the first fifteen of “60 Things to Be Thankful For” by Amy Morin, with lifehack.org. We will
continue with the next fifteen. Please take the time to read and give thanks daily for each of them.
16 SAFETY AND SECURITY 24 KINDNESS OF STRANGERS
Being able to wake up without immense fear frees us up to really live life. Never take the kindness of a stranger for granted.
17 CARS 25 CAMPFIRES
Without cars, it would take a lot longer to get our activities done. The simplicity of a campfire creates lifelong memories.
18 SUNSHINE 26 PAIN
The sun’s warmth can brighten any day. Without pain, it would be difficult to appreciate life’s joys.
19 TIME
Although we often don’t think there’s
enough of it, time is something we
27 ART
shouldn’t take for granted. “The world would be
20 CLEAN WATER less beautiful if art
Many people on earth lack access to
clean water. didn’t exist.”
21 CELL PHONES
Cell phones make talking to loved ones 28 HOLIDAYS
easy. Any reason to celebrate is something we
should be thankful for.
22 LOVE
The world sure would be a different place 29 FREEDOM OF SPEECH
if we lacked the ability to love. Being able to express your thoughts and feel-
ings freely should never be taken for granted.
23 BOOKS
Books provide an opportunity to enter 30 RAINBOWS
another world all from the comfort of The beauty of a rainbow is unmatched.
your own home.
–––– Ask a Trusted Advisor ––––
Dates
to Email sgibbon@texasbankandtrust.com with questions regarding the
financial industry, or banking in general, and I will have a TBT Trusted
Remember Advisor respond to your question. Please type in the subject line of the
email “Ask a Trusted Advisor.”
APRIL 22 Earth Day
MAY 1 May Day
MAY 6 National Day of Prayer
MAY 6 OMNI Zoom Meeting
12 – 1:00 p.m.
MAY 9 Mother’s Day
MAY 31 Memorial Day *Bank Closed
JUNE 20 Father’s Day
JUNE 20 Summer Begins
JULY 4 Independence Day
JULY 5 *Bank Closed
Upcoming Events
A Virtual “ZOOM” Meeting
–––– What to Expect in 2021? ––––
Thursday, May 6, 2021
12:00 p.m. - 1:00 p.m.
NEW Event!
OMNI Make plans to attend an informative meeting
with Texas Bank and Trust Senior Vice
Table Talk President and Chief Investment Officer,
Kimberly Spinks, from Noon – 1:00 p.m.,
Thursday, May 6. Kimberly will share with the
group what to expect in 2021 with the financial
markets, jobs, inflation, and interest rates. To
attend this meeting, you will need to have
We are ready to launch this new virtual event in the coming weeks! access to a computer (with audio and video), or
It will be similar to our quarterly events via Zoom, only in smaller groups, a smartphone. When making your reservations,
until we are able to meet again in person. If you are interested in attending please provide your email address to receive the
an OMNI Table Talk discussion group, please contact Sherry Gibbon at online invitation to connect to the meeting.
903-237-5568 or sgibbon@texasbankandtrust.com. Additionally, if
there is a financial topic you are interested in discussing, please provide Register online @ www.texasbankandtrust.com
that information as well. or contact Sherry Gibbon at 903-237-5568
––––––––––––––––––––––– What You Missed! –––––––––––––––––––––––
OMNI members, if you Dr. Lockhart spoke on resilience and defined it as “The process of being
were unable to attend able to adapt well, and bounce back quickly, in times of stress.”
the February 25 Zoom
meeting, you missed a The following are “Resilience Building Exercises” shared with the group:
very informative session • Recognize your signs of stress (bodily sensations, negative habits)
with Dr. Jonathan Lockhart • Focus on building physical hardiness/health
on “Mental Health and the
• Strengthen the relaxation response (mindfulness, meditation, prayer,
Pandemic, Self-Care and Resilience.”
relaxing activities, self-soothing)
Did you know? Research shows that older adults have significantly
• Identify and utilize your strengths (recall past successes,etc.)
LOWER rates of psychological consequences from the pandemic, compared
to younger adults. Individuals 45 and older show significantly lower rates • Increase positive emotions (humor, joy, gratitude)
of: anxiety, depression, trauma-related disorders, or substance abuse as a • Engage in meaningful activities (wholeheartedness)
result of the pandemic. Mark Brennan-Ing, of Brookdale Center for Healthy • Practice self-compassion
Aging, has this remark, “There’s crisis competence. As we get older, we get
• Connect with a supportive/caring community
the sense that we’re going to be able to handle it, because we’ve been able to
handle challenges in the past. You know you get past it. These things happen, Dr. Lockhart closed his talk with the following
but there’s an end to it, and there’s a life after that.” suggested reading material:
Dr. Lockhart suggested to live in the present, not the past or the future! • The Power of Self Compassion by Laurie Cameron
Focusing on the Present includes mindfulness, gratitude, contentment,
• Yes to Life by Viktor Frankl
awareness of beauty in the environment, focusing on positively relating to
others in the moment. When we live in the Past, we may start thinking • Wholeheartedness by Chuck DeGroat
about what might have been and become depressed, sad, or angry. While, • Anatomy of the Soul by Curt Thompson, MD
when we focus on the Future, we may experience feelings of anxiety, Thank you to those who attended this discussion
fear, uncertainty, or panic. Living in the Present takes skill and should be with Dr. Jonathan Lockhart. We look forward to our
practiced to improve our mental health. next Zoom meeting in May.
The OMNIClub OUTLOOK newsletter serves as your invitation and notification to upcoming events. If you are interested in attending any of our
OMNI events, educational seminars, or activities, please contact Sherry Gibbon, 903-237-5568, at your earliest convenience due to limited availability.
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OMNIClub
Outlook
Membership in OMNIClub is easy. Simply maintain a
minimum $5,000 balance in any account with Texas
Bank and Trust.
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