Annex Wealth Management

Friday’s jobs report showed the labor market returning to pre-pandemic levels. That surprising headline, in addition to a July full of rebounds, seems to show an economy not in recession. With inflation continuing to threaten, will the Fed raise rates in September? Annex Wealth Management’s Dave Spano and Derek Felske discuss.

Let’s just say, it’s cloudy.

Their electric line now makes up almost 11% of all US EV’s.

Layoffs and talk about downsizing are increasing.

Trevor Nargis and Blaine Disrud discuss the labor market, slowing economic activity, cash on the sidelines, and recessionary conditions materializing.

As many expected, GDP was negative for a second consecutive quarter. But with strong employment figures and slightly upbeat earnings, are we truly in a recession? Annex Wealth Management’s Dave Spano and Derek Felske discuss.

With inflation running rampant and a probable dud of a GDP report inbound, speculation about a 1% interest rate hike grew daily. Turns out, it wasn’t going to happen.

VW's ID.4 has a $36,000 base price and a plant in Tennessee cranking out 7000 a month.

As we start a week that promises to be filled with impactful reports and metrics, Dave Spano and Dan O'Donnell discuss the probability that we're in a recession now, and what lies ahead as the Fed seems to be intent on continuing to increase rates

In order to invest more in EV projects, up to 8,000 salaried employees in the Ford's gas-engine division could be laid off.

48% of quits are people switching industries. New business applications are up by more than 30%. Over 5.4 million last year alone.

Buyers are getting cold feet with rising mortgage rates and inflation is affecting consumer confidence and purchasing power.