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‘They’re playing chicken with the Fed’
Strength: the breadth of the market has been outperforming. Weakness: the consumer going forward and sales volume coming down. Opportunity: international and emerging market equities. Threat: slow growth as inflation comes down.
CPI Indicates Rate Increases May Pause
A benign CPI report showed inflation cooling off, a sign that the Fed could pause increasing the Fed funds rate. The current environment offers alternatives to equities for some investors. Annex Wealth Management's Dave Spano and Derek Felske discuss.
CPI heads South
The Fed’s inflation target is 2%. There is a big gap between reality and the target.
Wednesday’s FAA ground stop
Wednesday was another reminder of how quickly things can go wrong when airline systems fail.
Heard about ChatGPT? Should Google be worried?
OpenAI is the startup behind ChatGPT. Microsoft is about to invest $10 billion and they’re not alone. The latest funding round could value the company at at $29 billion.
Things are coming back down to Earth
On the brink of earnings season, are we about to see lower P/Es on actual multiples of 'real' earnings?
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Finding the floor.
Strength: market recovery vs. economic situation. Weakness: leading economic indicators showing signs of contraction. Opportunity: a gradual increase towards equities this year. Threat: recession worse than expected.
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.
GM’s one day celebration
The last couple years were tough for car buyers. It’s been tougher for automakers and dealers.