Ken Tumin
11.2K posts
@KenTumin
Latest venture: https://t.co/cTbM6dKyH7 • Sold DepositAccounts to LendingTree • Former LendingTree Senior Analyst • Interests: banks, saving, investing & walking pup
Best Nationally Available Savings Account/Money Market Account Rates, March 20, 2026 Link in comments.
Canadian Banks have generated great returns for patient shareholders since 1980
Exclusive: 39 states now require a personal-finance course to graduate high school, with four adding the mandate since 2024. That compares with 22 states that require economics, four less than in 2024, according to a forthcoming report by CEE. Link to read the story below!
Exclusive: UBS received a license to offer full-service banking in the U.S., part of a plan to tap rich Americans for their deposits and investments, and extend its reach in the world’s biggest wealth market on.wsj.com/4bmFqor
You can’t make this up: The market now sees a 50% chance of a US Fed rate HIKE by the end of 2026. Just months ago, markets saw as many as four rate CUTS this year. As oil prices surge to $100+/barrel, inflation expectations are rapidly rising, with gas prices up nearly +50% in four months. In fact, the 10Y Note Yield is now up nearly +40 basis points since the Iran War began, bringing mortgage rates to fresh 2026 highs. All while the European Central Bank is now expected to hike interest rates twice this year. Our models show that if current oil prices are sustained for another two months, US CPI inflation will rise to 3.3%. In just three weeks, the era of “higher for longer” Fed policy appears to have returned when markets were least expecting it. Those who do not own assets will be left in the dust. Own assets or be left behind.
Update on X Money From latest reports from beta users, the X Money’s 6% APY has no direct deposit requirement or other activity requirements. Also, the 3% cash back on the X Money debit card applies to all purchases (except for the typical cash-like transactions) without a cap. My Take: Both the 6% APY and 3% cash back are clearly promotional. These rates will eventually fall to levels inline with competitors. It’ll be interesting to see how long they’ll last. My original overview of X Money and its 6% APY reviews what the competitors of X Money offer now: x.com/KenTumin/statu…
Jump in rate HIKE probability between yesterday and today at next #FOMC meeting on April 29 per @CMEGroup #FedWatchTool
Despite what people may think, $250k is not a hard cap on protection. As @JillCastilla explains, there are market tools available to provide additional protection. cato.org/multimedia/cat…
From @MarketWatch: MrBeast’s finance app for kids is backed by a bank that’s faced regulatory scrutiny and a fintech partner’s failure buff.ly/KbNZyQD
