Bautis Financial
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In the wake of unexpected bank failures, regulators have raced to contain the fallout in the U.S. banking system. But how will all of this impact the markets? And what can you do to protect yourself (and your money)?
Yesterday, the Danish toymaker Lego reported revenue jumped a whopping 17% in 2022, reaching 64.6 billion Danish krone, about $9.28 billion USD.
A survey from The Balance found that 44% of those actively dating say talking about money ruins the chances of a second date.
The settlement includes a $1.7 billion civil penalty and $2 billion in restitution for more than 16 million consumer accounts.
Stocks and bonds both were down for the third quarter after rallying in July. The hope that the Fed would ease its interest rate hikes was quickly shut down when the Fed and other central banks around the world reiterated their commitment to taming inflation. The Fed raised rates twice in 0.75% increments during the quarter.
While debates around the child tax credit have mostly focused on incentives for parents, new research highlights the effect of cash transfers for children.
Listen to our weekly stock market recap, including a look at the week ahead.
In this installment of Advisor Commentary, Marc Bautis discusses the market rebound in October, how supply chain issues could disrupt holiday shopping and the Rivian Automotive IPO.
