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.
Southwest Airline’s rough weekend
Tens of thousands of flights were cancelled including Delta, American, JetBlue and Alaska, but Southwest had it the worst and is still cancelling flights.
The best/worst time for last-minute shopping
We are in the middle of 4 of the top 10 busiest shopping days of the year.
NFL via YouTube?
DirectTV spends $1.5 billion yearly for Sunday Ticket rights. But with a subscriber drop to 1.5 million, it’s not making financial sense for co-owner AT&T.
EV enthusiasm eases
The Biden administration’s goal is 50% adoption by 2030. Now, the median expectation from the industry is only 35%, down from 65% last year.
The Fed is getting a lump of coal in its stocking
"No question. We're headed for a slowdown" says Dave Spano. In this week's episode, he and Dan O'Donnell review the actions of the Fed and how they have set up current market conditions---including a possible recession in 2023.
Company Match, DCA Into Index Fund, Annuities, Earnings Calls
"If my company contributes a match to my 401k and if I leave in a year or two, I know the matching is void. What happens to the gains from my investments? I'm weighing the pros and cons of opening one through my company or on my own." – James
Is the Fed winning the fight against inflation?
Is the Fed winning the fight against inflation? The all-important consumer's resolve might be dwindling. Diversification opportunities might exist outside the US. Is there a threat because of lag in Fed policy?
Fed Indicates More Rate Hikes Coming
Despite exceeding the 2-year treasury, the Fed indicated it isn't done increasing rates. How will the economy - including unemployment - react? Annex Wealth Management's Dave Spano and Derek Felske discuss.
Retail disappoints in November
Retail sales figures for November are in—and they’re not great. Down .6%, double the estimate.
The Fed drops a 50bps hike
Dot plots, or the Fed’s best guess, show policymakers expect to end interest rate hikes in 2023 peaking at 5.1%--higher than previously indicated.
November CPI. Coming down.
Still in the 7’s—but down from the 7.9% spring peak.
“…bearish indicators are flashing”
Janet Yellen's appearance on 60 Minutes signaled something quite different than what she used to say about inflation. Dave and Dan discuss. Will 2023 see a true recession? And could trying times in the market spill over into 2024?
