2023 is only halfway over, and we’ve already seen many ups and downs in the markets and the economy. Banks collapsed, the bull market returned, the inflation rate fell and student loan forgiveness was struck down – and there’s still half the year to go. Let’s take a more in-depth look at the year so […]
The Impact of Credit and Loans Tightening
As interest rates continue to increase, credit has tightened and loans are more challenging to access. What does that mean for you going forward? The Federal Reserve started increasing interest rates back in March of 2022 as a way to tamp down the quickly rising inflation rate. Between then and now, interest rates have increased […]
Silicon Valley Bank: What Caused Recent Bank Collapses?
When the Silicon Valley Bank collapsed on March 10, 2023, it was the second largest bank failure in United States history. A couple days later brought the third largest bank failure, when regulators took control of Signature Bank. When you see news like this, it’s natural to worry about your own money, and what you […]
2022 Review and New Year Outlook
2022 is nearly over, and as far as the economy goes, it has been a struggle. This year was characterized by record high inflation and interest rates, with major stock market swings along the way. Here’s a look back at the main money stories of the year, plus a look at what 2023 might bring. […]
How do Midterm Elections Affect the Markets?
Midterm elections are fast approaching – how will the markets respond? Historically, the vast majority of midterm elections have led to a 6 month bump in market performance. Why? One theory is that investors have a renewed confidence in the economy after the new Congressional spending plans. With the promise of more money being spent […]
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