The failure of a bank can be a stressful event. If your bank were to fail, you could face uncertainty and difficulty recovering deposits or getting access to your safe deposit box. This blog will help you understand what happens when a bank fails and how the Federal Deposit Insurance Corporation (FDIC) protects depositors. It […]
Unravelling the Subprime Mortgage Crisis
Unravelling the Subprime Mortgage Crisis The subprime mortgage crisis was a real estate market slump that occurred between 2006 and 2008. It is considered the primary cause of the financial crisis of 2007-08 and one of the triggers of the global recession of 2008-09. The subprime mortgage crisis hit individuals, financial institutions, and countries around […]
Unpacking the Causes and Consequences of the 2008 Financial Crisis
The crisis of 2008 was the result of risky financial behavior and market speculation. It originated with the subprime mortgage crisis and amplified with risky lending, excessive market leverage, lax financial regulation, and a failure of risk managers to rein in risk taking. The crisis created a recession that lasted from late 2007 to mid-2009. […]
What is the ISM Services PMI Report?
The ISM Services PMI report is a monthly economic indicator that provides a snapshot of the performance of the US services sector. PMI stands for Purchasing Managers’ Index, which is a widely used indicator of the health of the manufacturing and services sectors. The Institute for Supply Management (ISM) produces the Services PMI report, which […]
As a Recession Approaches should you move Money into the Utilities Sector?
Should you move some of your investments into the Utilities Sector? We may be heading into a recession, what sectors should you focus on to protect your investments? Utility companies tend to perform relatively well during a recession or economic downturn, as they provide essential services such as electricity, gas, and water that people and […]
How Interest Rates Influence The Value of The U.S. Dollar
Interest rates play a pivotal role in today’s financial system, and they have a direct impact on the U.S. dollar’s value. When interest rates rise, it typically leads to higher inflation. This has a knock-on effect on the value of the dollar as investors buy assets that are stable in value like gold or cryptocurrencies […]