3min chapter

It's a Good Life cover image

S2E131 Bigger and Bolder Than Ever - My Predictions for the Market

It's a Good Life

CHAPTER

The Fed's Stopping Rates

Signal Bank and Silicon Valley Bank were unique. They had investments, long investments on in 30 or mortgages and other long treasuries that they thought were going to bring them a good return. And so they ended up becoming underwater. But the big banks are safe. The banks are FDIC insured. Consumers should not worry as long as they're keeping their balances below the limits.

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