Protect Your Assets
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Rising Rates and Bank Failures: Our Playbook for This Type of Environment
• 43 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. We’ve started to see the fallout of these rising rates and what it means for banks. Banks are required to keep a certain amount on deposit and in certain instruments to be available for customer withdrawals, and rising rates have affected the value of those reserves. What do rising rates and this recent bank failure all mean for you personally and our overall economy? How can you earn more interest on your “safe” money? Rising rates don't mean you have to lose money if you're prepared. The Sandman is walking through our playbook on what you need to do in this type of environment. 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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