Protect Your Assets
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Market Segment: Rising Rates and Bank Failures: What Happened with Silicon Valley Bank?
• 10 minThe second-largest bank failure in history and the possibility of more interest rate hikes from the Federal Reserve are the hot topics of the week. Last week, Chairman Powell testified in front of Congress about how it's quite possible they will continue to raise rates. Plus, Silicon Valley Bank announced they were selling assets and trying to come up with a capital strategy to stay afloat before the FDIC stepping in to take over on Friday. Bank stocks overall dropped on the stock exchanges as a result. What happened with Silicon Valley Bank, and what does this mean for you and the U.S. economy? All that and more on this week’s market segment. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Interact with Protect Your Assets on Amazon Alexa: https://libertygroupllc.com/voice Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.
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