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May 1, 2023 50 mins
The Money Docs: Another bank bites the dust – this time it’s First Republic Bank – Chuck has details High earners – people making over 200k – are collecting unemployment at record levels – so how bad will overall unemployment get? Chuck says he thinks the Fed has 1 more quarter point rate hike in the works before taking a more “wait and see” approach In the meantime, Chuck says to watch the rates on the 10 year treasury which is trading at the low end of its range Consumer Spending was flat in March – but The Fed is still watching this number very closely Oil prices have been dropping yet prices at the pump are not down In Consumer Corner, Carla has things you’ll want to know if you have plans to travel abroad Plus, listener questions from TheMoneyDocs.com
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