CNBC Interview | Should The FED Cut Rates in July?

Should The FED Cut Rates in July? | Philip Palumbo I was recently invited onto CNBC as a contributor to give my thoughts on if the FED will cut rates in July. Here was my response!   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective […]
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My Thoughts on Amazon, Google and Tariff Volitility | Philip Palumbo

My Thoughts on Amazon, Google and Tariff Volitility | Philip Palumbo Just dropped some market insights on the latest segment of Trading 360 with Nicole Petallides! 📈 GOOGL hitting $250? I’m seeing the fundamentals align perfectly. Meanwhile, AWS continues to absolutely dominate the cloud space 🚀 And yes, we need to talk about tariff volatility. […]
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Do Tariffs Really Work? What History & Markets Say

Do Tariffs Really Work? What History & Markets Say Understanding Tariffs: Their Economic and Market Impact With tariffs now front and center, history shows they have had mixed effects on the economy and markets. While past examples like Smoot-Hawley were disastrous, Trump’s tariffs did not derail economic growth or markets. If Trump 2.0 leads to […]
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Going Down

Going Down Next week is the big Fed rate cut decision, so this was the last week of data to influence that decision. In our view, the data this week was not bad enough to call for a 50 basis point cut (bps are basis points and a basis point is 1/100 of a percent) […]
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Tug of War

Tug of War The stock market rally continued this week, but in between there was a lot of up and down action. The S&P 500 Index fell 1.6% on Wednesday, but still managed to gain 1.4% for the week as the market eventually managed to ignore the Fed’s rate cut delay. The yield on the […]
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