Topsey-Turvy

Topsy Turvy If you have ever been on Space Mountain, you have a sense of the past week: lots of sharp ups and downs, sudden twists, and blind turns. While the headline index levels had not changed dramatically over the last few months, a violent churn was brewing under the surface. Things weren’t exactly broken, […]
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Why Smart Companies Give Employees Ownership

In this episode of The Palumbo Podcast, Philip Palumbo sits down with Rafael Rivera of KKR’s Capstone team and Human Capital Center to explore how broad-based employee ownership programs are changing the way companies operate and share in their success.
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The Midterms, the Market, and What We’re Watching

The Midterms, the Market, and What We’re Watching A Democratic takeover of Congress could create challenges for certain industries, but history gives us no reason to assume it would derail the stock market. In fact, some of the strongest historical results have come with a Republican president and a divided government. That matters as investors […]
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Strong Expected Q3 Earnings On Deck

Strong Expected Q3 Earnings On Deck The past few weeks have not been pleasant, but a respite may be coming. Roughly 44% of S&P 500 companies are scheduled to report earnings next week, and a strong quarter is expected. While consensus expectations are setting a very high bar at 27% earnings growth, historical trends favor […]
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Hump Day

Hump Day The monumental AI trade could be reaching the height of its speculation. For the past several years, Wall Street and venture capital alike have poured billions into anything related to AI, driving valuations to astronomical heights based largely on promises, projections, and FOMO (fear of missing out). Evidence that we have reached a […]
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The Fed Finally Built Some Credibility and Raised Interest Rates

The Fed Finally Built Some Credibility and Raised Interest Rates Phil Palumbo, Palumbo Wealth Management, joins ‘Closing Bell’ to discuss the recent equity market action.     Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and its representatives are properly licensed or […]
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