Charles Payne: What is the health of the banking sector?

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Lyn Alden Investment Strategy Founder Lyn Alden says the Federal Reserve has wavered on its inflation-fighting mandate on 'Making Money.'

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

nicolasbenson
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Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

kortyEdna
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Charles is Awesome! I just heard the bubble pop!! MAGA COUNTRY 2024!!!

jameskirk
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Banking sector is fine, everyone gets a 100% bailout.

slowridefpv
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The money printing for student loan cancellation is also inflationary.

HeavenGuy
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Yes I know you heard me but they don’t he says and hangs up 👍🏿

HoTrEtArDeDcHiXx
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I love charles. Follow EVERYTHING he says!

delclifton
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800 point drop in the Dow over 2 days. Ouch. But as Brandon would put it, our economy is in great shape. Any word for the WH schleps yet. What is their positive spin?

lawrenceleverton
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atm its not great
but its coping
if u wana change it
i just have to ask God

MARYAM
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Yo that's crazy you couldn't get a real woman to do that😮

zizzled_entertainment
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Why is there a guy talking acting as a woman?

GordonFreeman
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I glad to have an adviser who is excellent in what he's doing , you changed my entire life and I will continue to preach and song your praises on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Bruce Murdock Advisory!!!!.

小因小因
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I need to start a consulting service for people like Lyn, to help them with their audio/webcam setup. No excuse for a rich person to look and sound this bad because they chose the wrong equipment. For less than $1, 000 you can look and sound like a pro

steveseattle
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Republican-led states have the lowest household income, the highest violent crime rates and the highest poverty rates.

RedStatesPovertyWatch