Annex Wealth Management
Annex Wealth Management is an elite, privately-held, full-service advisory and wealth management firm with offices throughout Wisconsin. Individuals, families, corporations and other institutions trust our relationship-oriented philosophy.
GM’s one day celebration
The last couple years were tough for car buyers. It’s been tougher for automakers and dealers.
Layoffs hit the tech industry
Layoffs.FYI is a website that tracks tech layoffs. Last year, 150,000 job cuts.
“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?
Auto loan delinquencies increasing
UP both month-to-month and year-to-year.
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.
The best/worst time for last-minute shopping
We are in the middle of 4 of the top 10 busiest shopping days of the year.
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.
The Fed is getting a lump of coal in its stocking
"No question. We're headed for a slowdown" says Dave Spano. In this week's episode, he and Dan O'Donnell review the actions of the Fed and how they have set up current market conditions---including a possible recession in 2023.
Company Match, DCA Into Index Fund, Annuities, Earnings Calls
"If my company contributes a match to my 401k and if I leave in a year or two, I know the matching is void. What happens to the gains from my investments? I'm weighing the pros and cons of opening one through my company or on my own." – James
Is the Fed winning the fight against inflation?
Is the Fed winning the fight against inflation? The all-important consumer's resolve might be dwindling. Diversification opportunities might exist outside the US. Is there a threat because of lag in Fed policy?
Fed Indicates More Rate Hikes Coming
Despite exceeding the 2-year treasury, the Fed indicated it isn't done increasing rates. How will the economy - including unemployment - react? Annex Wealth Management's Dave Spano and Derek Felske discuss.
