Bit by Bit

Bit by Bit Our past comments about Bitcoin have centered on the theme that crypto is not ready for prime time. While we may have looked a little naïve as bitcoin shot up to almost $70,000, we look a bit more prescient now. FTX, a leading crypto exchange, has filed for bankruptcy, and the collateral […]
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2022 Year-End Tax Tips

2022 Year-End Tax Tips Here are some things to consider as you weigh potential tax moves between now and the end of the year. 1. Defer income to next year Consider opportunities to defer income to 2023, particularly if you think you may be in a lower tax bracket then. For example, you may be […]
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Cash Reserves

Cash Reserves What is a cash reserve? A cash reserve is a pool of funds (and sometimes credit) that you hold in a readily available form to meet emergency and other highly urgent, short-term needs. Sometimes, it is referred to as an emergency or contingency fund. Caution: Terminology is important here because contingencies often are […]
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What Does a Strong Dollar Mean for the US Economy?

What Does a Strong Dollar Mean for the U.S. Economy? In late September 2022, the U.S. dollar hit  a 20-year high in an index that measures  its value against six major currencies: the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona, and the Swiss franc. At the same time, a […]
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An Epiphany with the Metaverse with Philip Panaro | Palumbo Podcast

An Epiphany with the Metaverse with Philip Panaro | Palumbo Podcast Philip has more than 25 years of experience facilitating large-scale digital transformations in Fortune 500 firms. He has acquired expertise in a broad range of topics around IT (digital, metaverse, blockchain, AI, cypto, ar/vr, web3.0, cyber, BPO). As a result, he was the founder […]
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Cheddar News Interview at the NYSE | October 26, 2022

Investment Opportunities in a Volatile Stock Market | Cheddar News Philip Palumbo, Founder, CEO and Chief Investment Officer at Palumbo Wealth Management, joined Closing Bell’s Kristen Scholer on set at the NYSE to talk recent trading action, and preview what’s ahead for markets as investors await yet another interest rate hike from the Federal Reserve. […]
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