The X-date. Sooner than later?
Treasury Department officials have asked federal agencies to find wiggle room for payments due before early June in a move to conserve cash.
Tine. There is an alternative.
Cash has some flash. Dave and Dan discuss alternatives to equities---while cautioning listeners why trying to time the market is a bad idea. Dan presses Dave on which EV he’d buy.
Suggestions For A Big Pay Increase; Defense Stocks; Growth vs Income; Market Timing
Suggestions For A Big Pay Increase; Defense Stocks; Growth vs Income; Market Timing
The magnitude of a potential correction could be sizable
The debt ceiling debate sits as both a strength and a threat this week. Weaker breadth and potential stickier inflation is a weakness while companies with strong balance sheets are opportunities.
Potential For Bumpy Quarter As Debt Ceiling Debacle Heats Up
A down day Friday after an up week. US debt-limit negotiations hit an impasse and mortgage payments reach an all time high. Annex Wealth Management’s Dave Spano and Derek Felske discuss.
What have we learned from Walmart?
For a snapshot of the American consumer, take a look at Walmart and their 4600 stores.
The insane levels of theft at Target
Over $1 billion in losses this year due to sticky fingers.
Consumer debt passes $17 trillion
Balances at least 90 days delinquent are up year over year. Credit card delinquencies are rising. So are delinquencies for auto loans.
Blending weakness into opportunity
Strength internationally but commodities continue to languish. Getting 'paid to wait' is an opportunity but inflation expectations remain a threat.
The issues with the Debt Ceiling
With the clock ticking to a mystery deadline, there are many issues. At the top, who will blink first in Washington, DC?
Earnings Beat Expectations, But Clouds Loom
Tech led a surprisingly optimistic earnings reporting season, as interest in AI drove many big names higher. Still, some indicators point to continued slowing. Annex Wealth Management’s Dave Spano and Derek Felske discuss.
Credit card crumble?
Roughly 29% of households earning less than $50,000 a year are using credit cards to finance their spending.
https://open.spotify.com/episode/5eyZOXd0DvRUu4vTZZYaQ1
