The U.S. banking system is blowing up the headlines lately, and Ted Baumann, IL’s Chief Global Diversification Expert, is here to give us the low down on what’s happening. Sign up for our free daily e-letter to hear from Ted and other experts: What caused the collapse of both Silicon Valley Bank and Signature Bank?
And what does that mean for the average American?
A recent WSJ article discussed how unrest in the banking sector could make it more difficult for some consumers to obtain loans to buy homes, cars, and other big-ticket items. Ted shares his take on that and gives some good insights into why that’s not necessarily a bad thing.
So, what’s the solution? What should people be doing with their money? Or I should say… where should they be putting their money.
Check out the episode to discover the strategies Ted recommends.
Enjoy the episode, and make sure you hit the subscribe button!
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