In Partnership with Annex

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.

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?

Accelerated GDP growth...for now. A crisis of sentiment. Future returns of fixed income. The economy deteriorating in a recession.

Friday’s PPI numbers indicated that inflation is still burning hot, but some indicators show inflation is receding. How will the Fed react next week? Is a recession imminent? Annex Wealth Management’s Dave Spano and Derek Felske discuss.

"Organized retail theft is spreading faster than COVID."

CEO confidence is the lowest since the Great Recession of 08-09.

Almost 75% of taxpayers received refunds last year. Things will be different for 2022. Expect smaller refunds.

Set the supply chain and Russia aside. The Fed misjudged the situation and is now working feverishly to avoid a recession.