In this episode, Joe breaks down why U.S. banks are holding hundreds of billions in unrealized losses and why almost no one is talking about it. We cover what “unrealized losses” actually mean, how they happen, why interest rate moves matter, and what this could signal for investors going into 2025.

This isn’t fear-mongering. It’s a look under the hood so you understand the real risks, the potential ripple effects, and how to think about your money when the headlines aren’t telling the full story.

If you’ve ever wondered how secure the banking system really is—or what this environment means for your portfolio—this episode gives you the clear, common-sense perspective you need.

For a quick assessment of your current financial life go to:

Livingbalancesheet.com/lbsvision/lite/joedelisi

At the end of the assessment you can request a meeting with me to review the results.

joedelisi.com