Saturday, June 3, 2023
83.1 F

In Partnership with Annex

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.

Lots of AI Talk

Investors fall in love easily with new technology. Let's see if that's the case with Google's new chatbot Palm2.

Too many meetings

There are 3 times as many meetings and video calls since February of 2020.

How about a rolling recession?

Imagine paying market interest rates on $33 trillion in debt. That's what the next president is facing---no matter who it is.

Catch-Up Contributions | Value Investing | Plan For 1/2 A Couple? | How Is...

Each week, members of Annex Wealth Management's team answer your questions about wealth and the financial world. This week, Matt Morzy and Sarah Kyle answer questions on: 401k vs IRA Catch Up, Is Value Investing Back?, Plan For Just 1/2 A Couple, China - Emerging Market?, Annex Reviews 401ks

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
BizTimes Milwaukee