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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.
Retail disappoints in November
Retail sales figures for November are in—and they’re not great. Down .6%, double the estimate.
The Fed drops a 50bps hike
Dot plots, or the Fed’s best guess, show policymakers expect to end interest rate hikes in 2023 peaking at 5.1%--higher than previously indicated.
“…bearish indicators are flashing”
Janet Yellen's appearance on 60 Minutes signaled something quite different than what she used to say about inflation. Dave and Dan discuss. Will 2023 see a true recession? And could trying times in the market spill over into 2024?
The difference between a ‘correction’ and a change in ‘trend’.
Accelerated GDP growth...for now. A crisis of sentiment. Future returns of fixed income. The economy deteriorating in a recession.
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PPI Stays Hot, But Inflation May Be Cooling
Friday’s PPI numbers indicated that inflation is still burning hot, but some indicators show inflation is receding. How will the Fed react next week? Is a recession imminent? Annex Wealth Management’s Dave Spano and Derek Felske discuss.
IRS: Operation Buzzkill
Almost 75% of taxpayers received refunds last year. Things will be different for 2022. Expect smaller refunds.