The markets appear to be stabilizing. The thought is the Fed, FDIC, and Treasury Department have successfully eliminated the risk of another financial contagion. I said last week, "We shouldn't take a move up in prices as a sign the crisis is over. There will be more companies who run
After the Silicon Valley Bank failed, we created a 8-part series to break down why banks fail. Check out all the videos in the series below:
Part 1
@finance_nerd With the recent bank failure, we wanted to take some time to explain why banks fail. #SVB #SiliconValleyBank #bankfailure #financialcrisis
The reason we have been going through this series is because we want to honor God in all areas of our lives, including our finances. Through this series, we hope that you are learning how to align your finances with your faith. For the first several months we just focused
Last week was certainly an eventful one. It seemed every day had a "crisis" at a (relatively) small bank, which caused a big drop in share prices across the financial sector. This pulled the markets lower, but then a rumor, news release, government announcement, or something else emerged to calm
This year I've marveled about the optimism shown by market participants and Wall Street experts alike who truly believe the Fed has reigned in inflation and would not cause a recession (or even a slowdown in earnings). They also believed the Fed would be stopping their rate hikes soon, which