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Bad News Encourages Markets

Hourly wages fell as housing, manufacturing and the service industries showed signs of weakness - all considered positives for markets, which look far ahead. Now experts wonder if 2023 has a pause or a pivot in Fed policies. Annex Wealth Management's Dave Spano and Derek Felske discuss.

“They’re going to break something”…

Buckle up. 2023 is going to be an interesting year. The odds of a soft landing are dropping, what might the Fed do if an actual recession is declared?
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Southwest Airline’s rough weekend

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

NFL via YouTube?

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.

EV enthusiasm eases

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.

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