Fed Hike Sparks Sell-Off // Rate Hike's Affect on Credit Card Debt // Banks Welcome Volatility - 6/16 (Hour 1)

(0:57) - Paul and Brendan open Thursday's show discussing the sell-off in markets caused by the Fed's announcement of a 75bps rate hike.(14:13) - Talking about how the 75bps rate hike impacts the average American's outstanding debt, specifically credit card debt.(23:53) - Discussing how recessions and bear markets have actually occurred more frequently than one might think throughout U.S. history.(35:06) - Touching on how banks are one sector of the economy that stand to benefit from market volatility.