Annex Wealth Management

The final GDP read for the 4th quarter came in at 2.6%. Consumer spending is trending down too. That’s a key number, 70% of GDP is tied to the consumer.

Why did Elon Musk and dozens of other tech leaders sign an open letter to AI labs to take a breath on development of systems that can compete with human intelligence?

Each week, members of Annex Wealth Management's team answer your questions about wealth and the financial world. This week, Matt Morzy and Sarah Kyle answer questions on: Red Flags That Trigger IRS Audits; Education Credits; Switch 401(k) Contributions To Roth?; Pros Using Reddit For Investment Decisions; Do The Talking Heads Know What They're Talking About?

Those earning over $100,000 are more likely to be growing supplemental income.

Long duration assets have done well but financial conditions are a weakness. An opportunity exists with the rally on the Fed pause but the impact of the bank crisis remains a threat.

Fed’s predictions for tepid growth – and indications from the bond market – provide more signs that a recession seems to be looming. Annex Wealth Management’s Dave Spano and Derek Felske discuss.

Ford Motor Company reported today its EV division lost $2.1 billion last year as it builds toward an electric vehicle future.

The federal funds rate target is now in the 4.75% to 5% range, the highest since 2007.

Google's rollout of their AI tool Bard didn't go well. Today, users can join a waitlist to beta-test it.

The banking system is in a tough patch. Dave Spano said the Fed was going to break SOMETHING. This is it.