The global banking system became very nervous overnight when the cost to insure bonds with Deutsche Bank moved higher. This is in addition to yesterday’s Federal Reserve report which showed the significant amount of money banks borrowed from the various fed programs last week. So what does this mean for your portfolio? We’ll explain, tonight on the Jon Sanchez Show at 5pm.
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Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.
