MONEY MAKERS: THIS JUST DROPPED
We have people from around the world in this community, but this one benefits everyone.
The Federal Reserve just released their annual stress test results:
And ALL 32 of the biggest banks in America passed.
JPMorgan. Bank of America. Wells Fargo. Truist. Every single one survived a hypothetical $708 billion recession scenario.
Here is what that means for YOUR money:
💎 Your deposits are protected
💎 Credit keeps flowing even if the economy slows
💎 The financial foundation is solid
And the bonus nobody is talking about:
JPMorgan just announced they are RAISING their dividend to $1.65 per share.
If you are holding SCHD or #### (released July 1st), this is directly more money in your pocket.
The system is not broken. The banks are healthy. And while everyone else is out here worrying, you already know.
Stay locked in. More coming today.
- Luxentrics Capital
