Annex Wealth Management

GM is offering voluntary buyouts to a majority of its 58,000 white-collar workers.

Numbers up front: 10.8 million open jobs. That kind of demand creates wage inflation which contributes to the issue the Fed is trying to fix.

Inflation isn’t behaving. The Fed's goal is 2%. There is a lot of daylight between that and the current inflation rate of 6.4%.

ChatGPT stories are everywhere. Dan and Dave discuss the potential along with some pitfalls. Dave floats an interesting conspiracy theory about COVID.

Business and consumers locked in low rates on their debt. The mortgage market remains tough. AI and its potential aid to productivity. And the Fed's guidance might not be as effective on a go-forward basis.

The 2- and 10- year bond curve remain inverted, and rising. How will the Fed react to good economic data? Analysts now wait to see how many rate increases are in store for the rest of 2023. Annex Wealth Management's Dave Spano and Derek Felske discuss.

ZipRecruiter and Indeed are reporting postings on their sites declined at the end of last year and into this year.

A new Lending Tree report says 60% of all US adults are living paycheck to paycheck.

If this is a productivity multiplier, we might be at a tipping point in just a few years.

More on the developing story of China potentially aiding Russia with weapons and the subsequent impact of the US-China trade relationship. Dave and Don discus potential storylines of the next presidential election. AI is a HOT topic. How will it impact certain industries and affect productivity.