Mar 11, 2023
It’s been quite a day for Silicon Valley. Stock prices for Silicon Valley Bank plunged from a hearty 260 to a meager 26, a whopping 90% reduction, over the course of just a few days! Solvency and liquidity have become an urgent issue for Silicon Valley bank as it has backed many FinTech startups over the years, many...
May 7, 2020
This week many cities across the US started phase 1 of relaxing restrictions and reopening the economy. It’s a big step towards normalcy that we have been looking forward to, even if there are new rules to follow. Council Member Johnny Khamis calls in today to talk about San Jose’s phase in, and the effect COVID-19...
Dec 19, 2019
You may have heard about Measure E, the new property assessment bill, and have a few questions about it. Today Joe reaches out to San Jose Councilmember, Johnny Khamis, to learn more about the proposals origin and intended results. Topics include:
- Measure E basics
- What these funds will be used for
- Why Johnny is against...
Sep 18, 2019
The Feds cut the prime lending rate by .25% and even though the economy is still chugging along, people are still concerned that a recession is coming. Anything could happen between now and 2020, but if you believe a recession is imminent then it’s best to be prepared. Today Joe and Mile think about what a possible...
Jun 14, 2018
Another rate hike from the Feds! While interest rates do not directly affect 30 year mortgages, it does impact home buyers and owners starting now. Today Joe answers three big questions everyone has following today’s rate hike. Specific topics include:
- How could the market potentially be affected?
- How does the rate...