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March 19, 2023 51 mins
The Money Docs: Chuck sold some property in Florida recently – and he talks about how his transaction was impacted by the recent bank failures Why did these banks fails? Where is the trouble coming from for these financial institutions? How does what’s happening now compare to the financial collapse of 2007 – 2008? FDIC vs alternative account insurance measures – what will be the impact on the FDIC As a result of the banking problems, oil prices dropped below $70 a barrel on Friday Bank failures are impacting stock AND bond holders The Fed stepped in to avoid a catastrophe – so what will their next steps be with regards to inflation and interest rates In Consumer Corner, Social Security Benefits for retirement – Carla explains some of the basics Plus, listener questions from TheMoneyDocs.com
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