Stocks Remain A Prisoner of Interest Rates The stock market is following the bond market like a puppy. Rates down? Buy growth stocks. Rates up? Buy reflation stocks. U.S. growth estimates are rising, but they are falling in other developed markets. Unless something changes, rates are probably going nowhere. The economic experience in the U.S. […]
Can the Infrastructure Lure finally Catch Some Funding? Infrastructure should be an easy bipartisan issue. How we pay for it is a big sticking point. Getting a bill passed will not be easy. There are few issues that have been discussed as consistently as infrastructure, but with no meaningful result. Most recently, infrastructure was a […]
Yahoo Finance Interview Phil Palumbo, Palumbo Wealth Management Founder, CEO, & Chief Investment Officer joins Yahoo Finance Live to discuss investors growing inflation concerns and outlook for economic recovery amid the pandemic. Watch Here Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where […]
Retirement Isn’t a Four-Letter Word Each year J.P. Morgan releases an educational booklet on retirement and because we focus so heavily on retirement for clients, we have made it a practice of taking a few topics from it for our clients. Longevity: The first topic we want to address is longevity. We have always been […]
Does the Financial News Have You Confused? Here is a Simplification. Today’s world of instant and constant information can easily put us in a position where we can’t see the forest for the trees. Stepping back from the constant barrage of seemingly conflicting financial data points and focusing on the ‘forest’ can be an enlightening […]
NASDAQ #TradeTalks Interview Palumbo Wealth Management CEO & CIO Philip Palumbo joins Jill Malandrino on Nasdaq #TradeTalks to discuss inflation, rates and what it’s going to take to get the market to the next level. Watch Here Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or […]