Annex Wealth Management

UP both month-to-month and year-to-year.

Tens of thousands of flights were cancelled including Delta, American, JetBlue and Alaska, but Southwest had it the worst and is still cancelling flights.

We are in the middle of 4 of the top 10 busiest shopping days of the year.

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.

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.

"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.

"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? 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?

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 sales figures for November are in—and they’re not great. Down .6%, double the estimate.

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.

Still in the 7’s—but down from the 7.9% spring peak.