Equities, Utilities, Consumer Spending Power, BioTech, Commercial Real Estate | Bloomberg Interview Today I was invited onto Bloomberg news and was interviewed on topics like why you should be in equities this year, utilities and the potential risks in investing in them, Consumer Spending Power, BioTech, Commercial Real Estate and so much more! […]
Monthly Jobs Report, FED Rate Cuts, Private Equity | Bloomberg Interview I was recently interviewed by Bloomberg discussing my thoughts on Monthly Jobs Report, FED Rate Cuts, Private Equity and much more. Please watch as I give my thoughts on these pressing issues effecting the stock market and your wealth. Palumbo Wealth Management (PWM) […]
Interest Rate Decreases in 2024 | Bloomberg Interview Interest rates will decrease in 2024 but the question is how much? Today on Bloomberg I was interviewed to talk about just that. I also dive into why having a diverse portfolio will be key to success in your portfolio in 2024. I also discuss my thoughts […]
Palumbo Wealth on Global Markets | Bloomberg Interview Philip Palumbo, CEO and CIO at Palumbo Wealth, discusses his outlook and investment strategies for global markets. He speaks with Haidi Stroud-Watts and Vonnie Quinn on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients […]
Where is The Recession? | Bloomberg Interview On August 9th 2023 I was invited on to Bloomberg where I discussed how the market has performed in 2023 so far and where I think it is heading. One question I wonder about is why a recession hasn’t happened yet? Why was the 2023 recession delayed? We […]
Where Will Markets Go Post-SVB? Phil Palumbo, CEO and founder of Palumbo Wealth Management, joins the show to discuss outlook for the economy and equities. Hosted by Paul Sweeney and Matt Miller. Please Click Here to listen. Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or […]
Do you Believe in Miracles? We just completed the worst first half stock performance since 1970. (See chart below.) To make matters worse, rates increased and bonds were also hit extremely hard. The result was that the ‘standard’ 60/40 portfolio (60% S&P 500 /40% Aggregate Bond Index) declined a record 16.1% in the first half. […]
