This is Not the Recession You are Looking For | April 30, 2022

This is Not the Recession You are Looking For Q1 preliminary GDP estimate shocks at -1.4%, vs. expectations of about +1.0% We have been saying growth is decelerating, but Q1 is not as bad as it first appears PCE (Personal Consumption Expenditures) have reverted to pre-pandemic levels The pandemic recovery continues to make data twitchy […]
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Trees Don’t Grow to the Sky | April 23, 2022

Trees Don’t Grow to the Sky Netflix was down almost 40% this week as paid subscribers declined Q-to-Q for the first time It wasn’t hard to see this coming, although it was very difficult to time precisely The larger a company becomes, the harder it is to maintain rapid growth But Wall Street doesn’t change; […]
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Canary in the Coal Mine? | April 9, 2022

Canary in the Coal Mine? Stories about trucker shortages remain common. Truckers move almost about 73% of all freight in the U.S. Anecdotal evidence suggests that demand for trucking services is rapidly waning. Are trucking companies the canary in the U.S. economic coal mine? Like most people that follow financial markets, we follow economic data […]
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We Choose to go to the Moon | April 2, 2022

We Choose to go to the Moon The plan for a deeply connected, just-in-time, global supply chain that will lower costs for everyone took a hard punch when Donald Trump was elected President, but the pandemic and the Ukraine war have now struck mighty blows and ‘the plan’ is getting tossed. The global economy appears […]
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CNBC Worldwide Exchange Interview | March 22, 2022

Palumbo: Investors have to brace for recession at the end of this year, or in 2023 Phil Palumbo of Palumbo Wealth Management says Jerome Powell and the Fed are really behind the curve, so no they have to push to get inflation under control. Please Click Here to watch the interview.   Palumbo Wealth Management […]
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