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5/3/23: How the Debt Ceiling Debate Matters to Your Money
Episode 138

5/3/23: How the Debt Ceiling Debate Matters to Your Money

Why you need to worry about your safest investment

THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman

May 3, 202311m 11s

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Show Notes

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Today, I'll uncover the secrets behind the death of TINA, the stock market trend that emerged during the pandemic, and you'll learn how Apple's partnership with Goldman Sachs is shaking up the banking world with an unheard-of interest rate. I'll also discuss the recent government shutdowns of Silver Gate Bank, Signature Bank, and Silicon Valley Bank, and the impact on the hundreds of billions of dollars withdrawn from U.S. banks in the past month. Discover how the looming federal shutdown could wreak havoc on money market funds and short term treasury bills, and what this all means for your investments.

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Schwab

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