Tightwire Act

Tightwire Act The Fed could be walking a tight wire. The state of the labor market is critical for Fed policy. As the labor market remained tight, the Fed could afford to be patient with rate cuts to make sure inflation does not revive. But a Bloomberg economist is taking exception to the idea that […]
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We Didn’t Start the Fire

We Didn’t Start the Fire… The whole world appears to be burning these days. Ukraine remains embroiled in war; the Middle East is erupting (again); mortgage rates hit 8%; inflation; the President is a bit fuzzy; the Republican House can’t find a Speaker; crime is up; the U.S. (and the entire world) is drowning in […]
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Week of Reflection

A Week of Reflection It has taken a week to process the unspeakable acts of last weekend. Despite the lessons of history, we are always shocked at man’s ability to be inhumane. We pray for and support the Jewish community and Israel. We pray for the many innocent victims of the past week and the […]
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Open Door Policy

Open Door Policy China’s Zero-Covid policy could not last forever, but the suddenness of the reversal was unexpected. China’s doors are opened once again. The initial reaction is one of optimism for global economic growth, but hurdles remain. If we have learned anything about Covid, it is that once released, it spreads quickly. The Lunar […]
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China as a Catalyst | October 29, 2022

China as a Catalyst This week’s headline could easily be construed as a commentary on the potential for an armed conflict, but in this case, we are on a completely different track. With the economic situation in the States appearing increasingly dire (weakening economy, high inflation, massive debt, & higher interest rates) it is rather […]
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Sheltered from the Storm | September 24, 2022

Sheltered from the Storm The bear market rally in July and August had many people hopeful, but that rally has now disappeared and we are essentially back at the June lows on the S&P 500. All this has happened as the Fed has consistently raised interest rates to address inflation, which has sent the bond […]
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Wall Street Forecasting | Philip Palumbo

Wall Street Forecasting | Philip Palumbo In today’s video, Phil Palumbo speaks about forecasting Wall Street. Please Click Here to view.   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 exempt from licensure. For additional […]
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