Shield Financial Consulting

Bank closures... Where is your money?

US banks filed to close more than 1,500 branches in 2023 Banks in 2023 continued to close branches across the country, leaving an increasing number of Americans without access to basic financial services.

Do you believe this?💩 How’s your personal economy doing?🤔 The Fed wants to double down.💰

Peak? Bubble? Probably nothing...💰

There may be better places to store your capital.

Interesting...

The markets are resilient.

cms.zerohedge.com

Why is the IMF warning about bank failures? 🏦 ⚠️

IMF warns bank failures highlight 'perilous' financial stability risks — Reuters The International Monetary Fund warned on Tuesday of a \"perilous combination of vulnerabilities\" in financial markets, saying participants' failing to adequately prepare for interest rate increases has led to significant uncertainty about the health of the financial system.

Is your bank safe? 💸

Weiss Ratings report card of US Banks.

https://www.zerohedge.com/political/conspiracy-defraud-united-states-feds-charge-ftx-founder-campaign-finance-violations

"Conspiracy To Defraud The United States": Feds Charge FTX Founder With Campaign Finance Violations ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Good or bad?

Crypto trading and Bitcoin prices: evidence from a new database of retail adoption Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95 countrie...

Recent studies reveal how pre-retirees at all income levels are falling short, way short, of the amount of money they need to have to be able to retire.

Fully half of those between ages 50-64 have less than one year of their income saved.

Even the top 10% (those making $251,000 or more annually) have an average of only two years of their income saved!

Make sure you have enough to retire. Schedule an introductory virtual review. https://www.facebook.com/ShieldFinancial

Mortgage Rates Plunge? That’s the headline anyway...

Buried in the article:
“The 30-year fixed-rate mortgage averaged 6.61% in the week ending November 17, down from 7.08% the week before, according to Freddie Mac, the largest weekly drop since 1981.”

Maybe .47 of a percentage point is plunging these days when compared to skyrocketing .

Which do you choose? 💰
25,000 + mutual funds
13,000 + stocks
400 + crypto currencies

Hallowed in Your Name...🎃

The Treasury needs Mo Money💰

U.S. Treasury expects to borrow $550 billion in fourth quarter — MarketWatch Estimate is $150 billion higher than department estimated in August

No pushback. Makes cents.💰

Foreign banks amass reserves at the Fed, bracing for funding stress — Reuters Foreign bank units have been accumulating cash reserves at the Federal Reserve, likely reflecting concerns that a dollar funding crunch could be looming as the U.S. central bank reduces its balance sheet and global economies face recession risks.

Which headline do you believe? 💸

Are you buying or selling?📈📉

“This is the end.” ~Cramer 😳

In a positive way?

Monday Motivational? Get off the grid...💰You can pay less in taxes during retirement IF you know what to do.

ESG is a cancer and now it’s a part of your retirement plan.

https://strive.com/bidens-esg-tax-on-your-retirement-fund-7-19-22/

Biden’s ESG Tax on Your Retirement Fund - Strive Asset Management A Labor Department rule would push fiduciaries to favor climate policies over the interests of investors. By Vivek Ramaswamy and Alex Acosta, July 19, 2022 BlackRock CEO Larry Fink wrote in 2020 that “sustainable investing is the strongest foundation for client portfolios.” Al Gore said in 2021 ...

Monday financial headlines 💵🛢💊



IF you want to protect yourself and your family, let us know if we can help.

Why do people hate paying taxes?

U.S. Pays for Palestinian School Books that Glorify Terrorism, Promote Extremism - Judicial Watch In a ghastly waste of taxpayer dollars, the U.S. government helps pay for Palestinian school books that glorify terrorism and promote extremism. The Palestinian Authority (PA) and the United Nations Relief and Works Agency (UNRWA) uses the radical material to educate about 300,000 students in grades...

Fire sale!🔥 Take a loan larger than the offer??? From $4.8B to $25M😳

https://www.cnbc.com/2022/06/30/ftx-closes-in-on-a-deal-to-buy-embattled-crypto-lender-blockfi-for-25-million-in-a-fire-sale.html

FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale, source says Crypto giant FTX is close to finalizing a term sheet to buy BlockFi, sources familiar with the situation told CNBC.

Take the money???

https://apple.news/AwphaFkFiRmafc35njSfTrg

Russia pays dollar-bonds in roubles as it seeks to avoid default — Reuters Russia's finance ministry said on Thursday it had fulfilled obligations on two dollar-denominated Eurobonds \"in full\" by sending interest payments in roubles to its National Settlement Depository, in its latest bid to avoid a sovereign default.

On Memorial Day, we remember and give our thanks for those who fought and sacrificed for our freedom. We are grateful for the men and women who have paid the ultimate sacrifice so that we may live free. Thank you to those who have served and are serving this great country. May God Bless the USA! 🇺🇸

And, just like that... What is protecting your net worth?

Ethereum cofounder Vitalik Buterin says he's no longer a billionaire Crypto has crashed in recent weeks, wiping billions from the fortunes of the market's most prominent entrepreneurs and evangelists.