The Annex Wealth Management Blog

Stock Market Today: Wall Street Ticks Higher After Inflation Report In The News | August 11, 2023 Lewis Town Sentinel   NEW YORK (AP) — Stocks are ticking higher as Thursday’s shaky day of trading comes toward a close following the latest update on inflation...

US Jobs Growth Stays Moderate In July, Wage Gains Still Strong In The News | August 4, 2023 Reuters   NEW YORK, Aug 4 (Reuters) - The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate...

Recent Drop In Wall Street Marks One Of The Worst Days In Months In The News | August 3, 2023 Vigour Times   Wall Street experienced a significant decline on Wednesday, marking its worst day in months. Critics claimed that the recent rally was overdone, and this...

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...

Stocks Close With Mixed Results Amid Rate Hike Watch In The News | July 8, 2023 Arkansas Democrat Gazette   NEW YORK -- Wall Street drifted to a mixed finish Friday after data suggested that the U.S. job market is still warm enough to keep the economy growing but...

Stock Market Slumps As Investors Realize Rates Will Be Higher For Longer In The News | July 6, 2023 Morningstar   The whole mosaic of data has 'woken people up to the idea that the Fed's job is not done,' said Brian Jacobsen, chief economist for Annex Wealth...

ADP Numbers Sent 'Shock And Awe' Through Stocks, Says Annex Wealth's Brian Jacobsen In The News | July 6, 2023 CNBC   Brian Jacobsen, chief economist at Annex Wealth Management, joins 'Power Lunch' to discuss the latest ADP jobs data, upcoming Fed hikes, and the...

Fed Aims To Strike Tone Of Being 'Vigilant On Inflation' After June Pause: Strategist In The News | July 5, 2023 Yahoo Finance   The latest FOMC meeting minutes could hint at how the Fed continues to hike interest rates, all while the June jobs report is expected...

Wall Street Tacks A Bit More To Its Big Run For The First Half Of The Year In The News | July 3, 2023 The Detroit News   New York — Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the...

TREASURIES-U.S. Yields Edge Higher After Manufacturing Data In The News | July 3, 2023 Chuck Mikolajczak | Yahoo Finance   NEW YORK, July 3 (Reuters) - U.S. Treasury yields rose modestly in light trading on Monday, reversing course after briefly losing ground...

ASX Starts New Fiscal Year In The Green In The News | July 3, 2023 Sydney Morning Herald   Welcome to your five-minute recap of the trading day, and how experts saw it. The numbers The Australian sharemarket has started the new financial year on the front foot as...

Analysts Remain Dubious As US Bank Stocks Rise In The News | July 1, 2023 Tasnim News Agency   TEHRAN (Tasnim) – US bank stocks rose on Thursday after the Federal Reserve's annual health checks showed lenders could weather an economic slump, easing investor fears...

Nasdaq Achieves Best First Half Performance in Over 40 Years In The News | July 1, 2023 Vigour Times   The week, month, and first half of the year on Wall Street concluded with a strong rally on Friday, driven by reports indicating a potential easing of...

Another Rally Sends Wall Street Nearly 16% Higher For The First Half Of The Year In The News | June 30, 2023 The Detroit News   New York – Wall Street blazed to another rally Friday to close a winning week, month and first half of the year after reports suggested...

Dollar Softer After PCE, Consumer Spending Data In The News | June 29, 2023 Chuck Mikolajczak | Saltwire   NEW YORK (Reuters) - The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending,...

Yields Rise As Inflation Optimism Wanes In The News | June 15, 2023 Malaya Business Insight   NEW YORK- US  Treasury yields rebounded from a brief decline after economic data showed a slowing rise in inflation, a day ahead of the Federal Reserve’s next interest...

Markets Gyrate Without Clear View Of Fed’s Intent In The News | June 15, 2023 Arkansas Democrat Gazette   NEW YORK -- Wall Street swung to a mixed finish after the Federal Reserve hinted it may raise interest rates two more times this year, even as it held them...

Stock Market Today: Wall Street Drops As Fed Signals More Painful Rate Hikes To Come In The News | June 14, 2023 Mid-Michigan Now   Stocks are slipping on Wall Street Wednesday after the Federal Reserve hinted it may raise interest rates two more times this year,...

Wall Street Drifts Ahead Of Fed Decision On Rates In The News | June 14, 2023 Arkansas Democrat Gazette   NEW YORK  — Stocks are drifting higher Wednesday, as Wall Street waits to hear what the Federal Reserve’s latest economy-moving decision will be on interest...

Reuters: Still-Hawkish Fed Pauses Rate Tightening After 10 Straight Hikes In The News | June 14, 2023 Reuters   NEW YORK, June 14 (Reuters) - The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that borrowing...

Recession Calls Are Now In The Rearview Mirror, Says Annex's Brian Jacobsen In The News | May 31, 2023 CNBC   Annex’s Brian Jacobsen and CIC Wealth’s Malcolm Ethridge, join 'Power Lunch' to discuss the state of the market, economy and recession. This website may...

How To Protect Portfolio As Debt Talks, Fed Minutes In Focus In The News | May 24, 2023 Yahoo Finance Annex Wealth Management Chief Economist and Strategist Brian Jacobsen joins Yahoo Finance Live to discuss how to protect your portfolio amid debt ceiling...

Hopes Rise on Debt Ceiling Deal, Prompting Another Positive Day on Wall Street In The News | May 18, 2023 Cheddar News Brian Jacobsen, Chief Economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors...

A.I. Tools Will Change The Course Of Human History & 'Profits Will Follow,' Says Keith Fitz-Gerald In The News | May 18, 2023 CNBC Brian Jacobsen, Annex Wealth Management chief economist, and Keith Fitz-Gerald, principal at the Fitz-Gerald Group, join 'The...