Managing Your Money is a financial video series where our team of advisors discusses relevant economic and investment topics to help you better understand the financial world.
Today’s topic is on the possibility of a credit crunch and what it means for personal investors and the banking systems as a whole.
The commentary in this video is prepared by Pekin Hardy Strauss, Inc. (dba Pekin Hardy Strauss Wealth Management, “Pekin Hardy”) for informational purposes only and does not constitute legal, tax, accounting, investment, or other professional advice. The views expressed are as of the date of the video and are subject to change. Certain information contained herein has been obtained from third parties. While such information is believed to be reliable, Pekin Hardy assumes no responsibility for the accuracy of the information. The views expressed are those of the authors as of the date of publication of this report and are subject to change at any time due to changes in market or economic conditions. The comments should not be construed as a recommendation of individual holdings or market sectors, but as an illustration of broader themes. Pekin Hardy Strauss Inc. cannot assure that the type of investments discussed herein will outperform any other investment strategy in the future. The S&P 500 Index includes a representative sample of 500 hundred companies in leading industries of the U.S. economy, focusing on the large-cap segment of the market.