Financials: This Week's Top News From the Financial Sector

Here's what investors need to know about the latest interest rate increase, predictions of a major recession, and more. Intro: In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP take a look at several news stories that all investors should pay attention to. You'll hear about: The latest Federal Reserve rate hike and what it means for bank stocks. Venmo has surpassed ATMs in terms of transaction volume. How reliable are corporate projections from an investor's perspective? Projections of how bad the next recession will be, what could cause it, and how to prepare. Whether Visa Checkout and MasterPass are serious threats to PayPal or not. Our latest stocks to watch.