Annex Wealth Management
Annex Wealth Management is an elite, privately-held, full-service advisory and wealth management firm with offices throughout Wisconsin. Individuals, families, corporations and other institutions trust our relationship-oriented philosophy.
Not the jobs data we want to see
Numbers up front: 10.8 million open jobs. That kind of demand creates wage inflation which contributes to the issue the Fed is trying to fix.
So much for 25 basis points
Inflation isn’t behaving. The Fed's goal is 2%. There is a lot of daylight between that and the current inflation rate of 6.4%.
The stunning stat about ChatGPT’s growth
ChatGPT stories are everywhere. Dan and Dave discuss the potential along with some pitfalls. Dave floats an interesting conspiracy theory about COVID.
Margin pressure – both a weakness and an opportunity.
Business and consumers locked in low rates on their debt. The mortgage market remains tough. AI and its potential aid to productivity. And the Fed's guidance might not be as effective on a go-forward basis.
Good Economic Data-What Will The Fed Do?
The 2- and 10- year bond curve remain inverted, and rising. How will the Fed react to good economic data? Analysts now wait to see how many rate increases are in store for the rest of 2023. Annex Wealth Management's Dave Spano and Derek Felske discuss.
What are hiring websites reporting about job postings?
ZipRecruiter and Indeed are reporting postings on their sites declined at the end of last year and into this year.
We just keep spending…
A new Lending Tree report says 60% of all US adults are living paycheck to paycheck.
The chatbot hype is just starting
If this is a productivity multiplier, we might be at a tipping point in just a few years.
AI is having a time. When should we welcome our robot...
More on the developing story of China potentially aiding Russia with weapons and the subsequent impact of the US-China trade relationship. Dave and Don discus potential storylines of the next presidential election. AI is a HOT topic. How will it impact certain industries and affect productivity.
When To Sign Up For Medicare | What’s Risk? | Common...
Turning 65 - Should I Sign Up For Medicare?, Risk In Investing, Bridge Insurance, Holding Time Decline
A signal at the wrong time
Consumer strength continues to be a strength--but not what the Fed wants to see. Further rate hikes are a certainty and the market is pricing them in. What is AI's impact for potential productivity gains?
And what does the continued slowdown in growth mean down the road?
Inflation Stays Hot – What Now?
The PCE echoed earlier CPI and PPI indications that inflation continues to rise. How will the Fed react? Are we on track for three rate increases in 2023? Annex Wealth Management's Mark Beck and Derek Felske discuss.
