Annex Wealth Management Blog Archive

Wall Street Tumbles As Rally Loses Momentum In The News | August 3, 2023 NNN   New York – Wall Street experienced its worst drop in months on Wednesday as the ongoing rally that critics deemed overdone lost significant momentum. The S&P 500 saw a sharp tumble...

Wall Street Just Had Its Worst Day in Months In The News | August 2, 2023 Newser   Wall Street tumbled to its worst day in months as its torrid rally that critics called overdone lost more momentum. The S&P 500 fell 63.34 points Wednesday, or 1.4%, to...

Annex's Jacobsen: Don't Rule Out Recession This Year In The News | August 1, 2023 Talk ETFs   Despite bucking calls for a recession, the U.S. economy is not out of the woods. That’s according to Brian Jacobsen, chief economist for Annex Wealth Management, who...

The Benefit of Owning Stocks Over Bonds Keeps Shrinking In The News | July 31, 2023 The Wall Street Journal   Some worry the rally is unsustainable after a gauge of stocks’ relative value falls to two-decade low The extra reward for holding stocks instead of...

US STOCKS-Wall Street Gives Up Gains, Investors Book Profits In The News | July 27, 2023 Yahoo Finance   Meta jumps on upbeat Q3 sales outlook * Q2 advance GDP at 2.4% vs est 1.8% * Indexes up: Dow down 0.44%, S&P 500 down 0.30%, Nasdaq down 0.1% (Updated at...

Fed Decision, Tech Earnings and Musk Versus Dimon In The News | July 26, 2023 Bloomberg Businessweek Podcast   Bloomberg Markets Co-Host Jon Erlichman breaks down Meta's earnings. James Cakmak, Technology Analyst at Clockwise Capital, recaps a busy week of big...

Instant View: Fed Raises Interest Rates, Leaves Door Open To Another Increase In The News | July 26, 2023 Reuters   NEW YORK, July 26 (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated...