The U.S. Labor Market at a Crossroads

The U.S. Labor Market at a Crossroads The Fed has begun easing policy with modest rate cuts—25 basis points last year and another 25 this week. While these moves can gradually lower borrowing costs and support demand, their effect on job creation is uncertain. Structural challenges, such as a growing skills gap, an aging workforce, […]
READ POST

Mixed Messages

Mixed Messages The interplay between jobs data and inflation has created a complex landscape for both stock and bond markets, with investors parsing every economic release for clues about the next move from the Federal Reserve as well as from the broader economy. For the last several years, inflation data has dominated the narrative for […]
READ POST

Palumbo Wealth Management Makes FA’s 2025 Top 50 Ranking!

Exciting News – We’ve Been Recognized as a Top 50 Fastest-Growing Firm! Dear Clients, I am extremely proud to share that our firm has been recognized as one of the Top 50 fastest-growing wealth advisory firms in the United States from Financial Advisor Magazine. Even more exciting, within that group, we ranked 10th nationwide, alongside […]
READ POST

Yawn!

Yawn! VIX (volatility index) futures spiked on Wednesday as NVIDIA, the world’s most valuable company, was set to report earnings after the market close. The expectation was that this earnings report could either solidify the AI story or reveal cracks in the narrative for the first time—after all, nothing lasts forever. Business TV news networks […]
READ POST

Damn the Torpedoes – Full Speed Ahead!

Damn the Torpedoes – Full Speed Ahead! Chair Powell’s term is set to expire in May 2026, but President Trump needs the economy and the stock market to perform well over the next 14 months—or the GOP’s chances of holding the House are shaky at best. That has Trump placing enormous pressure on Chairman Powell, […]
READ POST