NEWS

money, markets and economic events

Inflation, Inflation, Inflation

Inflation, Inflation, Inflation Inflation, Inflation, Inflation. You are probably hearing that word more and more often. It has become such a hot topic, that the President discussed it today in a speech that included an announcement that the US will be releasing 50 million barrels of oil from its Strategic Petroleum Reserve to address it. […]

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IRS Reporting Update, New Infrastructure Plan, Metaverse, and More

IRS Reporting Update, New Infrastructure Plan, Metaverse, and More Each week it is our goal to provide you with understandable and actionable content so that you can make sense of everything going on in the financial world. We also want to try to give you applications for how you can be a better money manager. […]

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Proposed Bank Account Monitoring and Supply Chain Solutions

Proposed Bank Account Monitoring and Supply Chain Solutions You may have seen headlines recently about the IRS monitoring transactions in your bank account. Well we have received quite a few questions regarding this recent proposal so today we will be discussing the specifics of what is included and how it might affect you. We will […]

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Looking at the future of cryptocurrency, Evergrande, and the housing market

This week, Chad P. Wilson discusses the future of crytpocurrency in the US, dives into the Evergrande crisis in China, and explains what why there’s been a drastic increase in home prices, and the reason might surprise you. This episode was recorded by Chad P. Wilson of Mckenzie Banking Company/Foundation Bank on October 8, 2021. […]

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Big News for West TN

Big News for West TN Big news from Governor Bill Lee and Ford Motor Company as they made a huge announcement regarding Ford investing $5.6 billion in the mega site in Haywood County to build a 6 square mile battery and F-Series production plant called Blue Oval City. This plant will produce next generation all-electric […]

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Answering Your Financial Questions

Answering Your Financial Questions Every day we answer financial questions for our clients, so today we are going to be answering three questions we’ve gotten this past week. You may be asking yourself these same questions. Question #1 – Should I wait to buy my first house when housing prices cool down? I was asked […]

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Small Businesses And A Tight Labor Market

Small Businesses and a Tight Labor Market If you drive around town, you are sure to see a growing number of “now hiring” signs in the front yard of business all around. If you’re a small business owner, you’ve likely had difficulty finding people to help keep up with the growth that your small business […]

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Responding to Changes in Government Spending

Could pre-k and community college both be free and if so through what changes in tax rates? Listen to this week’s podcast where Chad discusses proposed changes in government spending and how individuals can respond in their personal and business finances. Today’s episode of “Money Matters” was recorded by President Chad P. Wilson of McKenzie […]

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Ending Pandemic Aid Benefits & Update on Housing Market

As many pandemic aid benefits are coming to an end, how will the American economy respond? Join Chad P. Wilson as he discusses which specific benefits are set to expire and how it can affect both the housing market and American’s personal finances in this week’s episode of “Money Matters.” This episode was recorded by […]

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Answering Four Economic Headline Questions

What does the Fed mean by quantitative easing and how will it affect you? Learn more about the Fed’s options for managing interest rates and answer 4 major questions from the latest economic headlines in this week’s episode of “Money Matters”. This episode was recorded by President Chad P. Wilson of McKenzie Banking Company / […]

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