It’s time to do two things:
Help our fellow citizens, and
Get pass these troubling times financially successful.
Your view is always welcome.
Semper, Mike

Lately every day makes me feel like my first parachute jump in the Navy.
This report will help you navigate thru the storm safely.
If you need help ask. I landed safe and sound in my first jump.

Never before has the Federal Reserve been so bold. Go Fed!

The Fed Strikes COVID-19 for the Health of the USA on the Ides of March 2020

The key to what’s happening is to realize this is an economic event which goes far beyond the coronavirus.
All the pieces are coming together as individual storms to make the economic perfect storm.

Taxi Medallion Loans are a national $12.9 Billion crisis.

In 2012, taxi medallions were: 13,500 in New York City (NYC), 7,000 in Chicago and 1,500 in San Francisco (SF) for a total of 22,000 medallions (M). The total number of drivers for hire in these 3 cities today is 190,000 with only 22,000 M drivers, who are part of the total, thanks to Uber and Lyft. 
Your comments, positive or negative, are always welcomed.

Fees are not a 4 letter word to Credit Unions, yet where are the banks?
Call, email or text with any questions or comments

If a consumer goes into a branch they want tellers and others to be efficient.
Many users avoid a bank or credit union because of some employees.
Email, text or phone with questions or comments.

Last week Jay Powell mentioned not one word about bank and credit union deposits. Are $13.2 Trillion in deposits not important to the Fed?

Deposit Rates keep falling, yet the Fed thinks rates are OK. What’s right?

Text, email or phone for more or to comment.

Over half those who overdraft go to payday lenders.
Why? Banks and credit unions restrict credit.
Call, text or email with questions or comments.

Volatile Rates Ahead?
Basic supply and demand forces dictate volatile deposit rates well into 2020
Read why below.
Any questions: email, text or phone.