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.
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?
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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.
https://open.spotify.com/episode/5eyZOXd0DvRUu4vTZZYaQ1
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.
