Before You Check Out For Summer

About to check out for the summer? Check in with your finances. We’ll show you how in this week’s segment of Mike on the Money on WYFF News 4.

The New Teflon Don

The U.S. economy reaccelerating? Plus, how to make financial decisions as rates spike.

The Market’s Just Fine. Nothing to See Here.

If you’re like us and you read a lot of news and economic commentary and equity research and bond market commentary and you thought really, really hard — that would definitely not have told you what was going to happen over the past year and a half!

Banks, Interest Rates & Bonds

If you didn’t know better, you’d think the US Treasury bond was sucking all the oxygen out of the room. A couple of banks have failed, in part because the US treasury pays more interest on short term notes than banks can afford to pay on deposits. Some banks have seen deposits move out very quickly and have gone from being (almost) adequately capitalized to Out of Business in the course of a few weeks.

What to do with cash?

Cash has been a top performer this year. But, don’t expect that to continue. This week on WYFF News 4, we discuss strategies for putting that cash to work.