Another Bite at the 100% Depreciation Apple

Another Bite at the 100% Depreciation Apple We are always a bit amused by politicians who position themselves as “pro-growth.” We have yet to find a politician who is against growth. The difference lies in the way they plan to achieve that growth. The One Big Beautiful Bill Act lays out President Trump’s attempts to […]
READ POST

All In

All In The Big Beautiful Bill is a very big economic bet. We will leave the dissection of the bill and the various pros and cons and who wins and who loses to others. The big economic picture is that in order for debt relative ro GDP to decline, GDP growth needs to outpace growth […]
READ POST

Ball of Confusion

Ball of Confusion While driving and listening to oldies this week, the Temptations’ 1970 hit “Ball of Confusion” came on. All I could think was how fitting that song is for today! It’s always frustrating for forecasters to stare at counterbalancing indicators when trying to assess market direction. While the weight of these indicators tends […]
READ POST

And So It Begins (Again)

And So It Begins (Again) Trump 2.0 begins on Monday and what that will bring to financial markets remains far from clear. What we have seen thus far is that the stock market is generally positive about what is to come, and the bond market is generally negative. The things that appear most obvious are […]
READ POST

Don’t Worry, Be Happy

Don’t Worry, Be Happy Our advice before the election was “Don’t Worry, Be Happy” and now that the Trump cabinet is coming together, we still feel that is the correct advice. Many Democrats and Republicans feel like their party has left them behind, which explains the increasing number of voters choosing to register as independent. […]
READ POST

Healthcare and the RFK Effect

Healthcare and the RFK Effect With the election in the rearview mirror and cabinet choices being made, we thought we’d check in with Marc Pentopouos, the stock picker for the healthcare/biotech portion of the Palumbo Emerging Growth Portfolio. Marc always has his ear to the ground and with RFK Jr. the controversial pick as Secretary […]
READ POST

Bit-Trump

Bit-Trump Over the years, Donald Trump’s positions haven’t changed much, but one place where they have changed is crypto currencies, specifically Bitcoin. The attitude change toward cryptos has been so dramatic that Bitcoin has been one of the best performing asset since his election. The iShares Bitcoin Trust (IBIT) has risen over 30% from Monday, […]
READ POST