In Partnership with Annex
CPI…still too hot
The Fed has a dual mandate. Maximum employment and price stability. It is 1 for 2 there. But the labor market continues to be incredibly tight and isn’t helping by producing broader inflationary pressure.
Super Bowl, Rhianna, and why China is still important.
Dan and Dave chat about Rhianna's Super Bowl show, a couple of interesting commercials within the broadcast, and why China still matters despite sending balloons over North America.
Financial conditions have eased…for now.
Financial conditions have changed for now, but the inverted yield curve shows up twice: as a weakness and a threat. Fixed income continues to be very attractive.
New Economic Data & Bulls Vs. Bears
The yield curve is the most inverted it’s been since the 1980s, which historically suggests a recession is imminent. Annex Wealth Management's Dave Spano and Derek Felske discuss why that may not be the case – and talk bull vs. bear perspectives.
100 million shared Netflix passwords?
Putting the password genie back in the bottle isn’t easy. But it’s coming.
The age of chatbots is here
The newest shiny objects in the tech world are any kind of artificial intelligence or AI chatbots. ChatGPT is the current darling with over 100 million users during January. Partnered with Microsoft which is pouring in $10 billion—it caused a Red Alert over at Google.
Crypto sits out this year’s Big Game
Last year—one category stood out. Cryptocurrency. We saw spots from Coinbase, eToro, Crypto.com, and the star of the show, FTX. Fast forward to Sunday. Not one crypto ad. Zero. Zilch.
Is the ‘possible’ recession being pushed too far down the tracks?
Was Friday's stellar jobs report good---or not so good? Depends on who you ask. Plus, Dave hauls out a quote from The Godfather regarding news from the economy.
Labor numbers and January markets
Labor continues to be strong while the dollar rallies. Options create opportunities and the debt ceiling issue isn't going away.
The Fed Meeting, A Big Week In Earnings, & A Surprising Job Number
A strong jobs report could throw a wrench into the Fed's plan to slow growth, with unemployment at a 50 year low. What does that mean for the Fed's job and when is the much-anticipated recession? Unique market circumstances could lead to unique historical outcomes. Annex Wealth Management's Dave Spano and Derek Felske discuss.
Last in, first out?
Companies are resorting to layoffs, buyouts, furloughs and other cost-cutting strategies ahead of a possible recession. More than 30% of workers reported less confidence in their job search.
The Fed speaks
Where are we in the inflation battle? Fed Chairman Jerome Powell says there is more work to do.
