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10/14/2025 - What Does the First Brands Bankruptcy Mean for the Stock Market? Why did the Market Take a Dive on Friday, and Do You Expect to Keep Falling?
Phil, Mike, and Larry discuss the bankruptcy of auto supplier First Brands, which owes $10 billion to some of Wall Street’s biggest names, the risks and lack of transparency in its deals, and if this will affect the financial markets. They then talk about why the market took a dive on Friday and if this downward trend will continue.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
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By Focused Wealth ManagementPhil, Mike, and Larry discuss the bankruptcy of auto supplier First Brands, which owes $10 billion to some of Wall Street’s biggest names, the risks and lack of transparency in its deals, and if this will affect the financial markets. They then talk about why the market took a dive on Friday and if this downward trend will continue.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.