The 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.

The 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.

Last week, we had a five-year breakeven on inflation expectations by hitting a new four-month high, underscoring new concerns about price pressures and where inflation is headed. Next, critical economic reports will be coming out in the next few weeks that will help determine if stocks may continue to regain lost ground, as they have after hitting their worst weekly decline in several months. All this and more on Protect Your Assets.

Figuring out what to do with your company pension when you retire can be complicated—you have important choices to make that can impact both your and your family’s financial future. Once you choose your pension benefit, you are locked in forever. Plus, The decision you make will have a lasting impact on your family as well because how that money gets paid out to your spouse and/or your family after you’re gone is all a function of that decision. Stephen Dobrow from Primark Benefits is on the show to discuss lump sum vs. regular pension payments and how to determine what’s right for you and your family.
Plus, last week, we had a five-year breakeven on inflation expectations by hitting a new four-month high, underscoring new concerns about price pressures and where inflation is headed. Next, critical economic reports will be coming out in the next few weeks that will help determine if stocks may continue to regain lost ground, as they have after hitting their worst weekly decline in several months. All this and more on Protect Your Assets.

The Core PCE Price Index shows inflation is not decreasing, which is how the Fed determines if interest rates should continue to rise in an attempt to combat it. This creates a headwind on stocks, making it tougher for companies to make money. Add that recipe into the market, and you get a negative reaction. How can shorter-duration Treasuries help mitigate some of the losses you may be experiencing in your stock portfolio? All that and more on this week’s market segment.