Waiting for Godot | September 11, 2021

Waiting for Godot If you’ve been waiting for a correction, it’s been like waiting for Godot. The statistic of the week was that we have not had a 5% correction since last October. If that holds up for the rest of the year, it will only be the third time that has happened since 1980. […]
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When is it Too Much? | September 4, 2021

When is it Too Much? First the pandemic bred fear, and then it bred money. Clearly there was a great financial need among many millions of Americans as the pandemic closed down the economy in the Spring of 2020. Congress came out swinging with several bills, spending trillions of dollars in an attempt to offset […]
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Tapering is Not a Fashion Statement | August 28, 2021

Tapering is Not a Fashion Statement There’s been a lot of talk about tapering lately and we’re not talking about the slim fit that is the style for men these days, we’re talking about the Fed’s balance sheet. Here’s what you need to know. For most of the period from late 2008 to today, the […]
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Palumbo: The infrastructure bill will be one of the next legs of inflation

CNBC Market Alert Interview Phil Palumbo, founder of Palumbo Wealth Management, says higher inflation is likely here to stay, not all of it will be transitory, and commodities will probably do well in that environment. Watch Here   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or […]
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The Bond Market Looks Confused | July 31, 2021

The Bond Market Looks Confused Market sentiment has been flip-flopping back and forth between inflation concerns and economic concerns. The very rapid economic recovery has outpaced a COVID constrained supply chain and caused price increases and inflation concerns. Now, the COVID acceleration and rising prices are beginning to slow demand (see the recent housing data) […]
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Peak Growth and What Comes Next | June 26, 2021

Peak Growth and What Comes Next Economic growth has been extraordinary, albeit from a very low, pandemic-induced base, and concerns of inflation have been front and center. We are starting to see talk of ‘peak growth’, meaning that we could be exiting the early part of the economic cycle (i.e., early, fast recovery) and we […]
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Stepping Back | June 12, 2021

Stepping Back Stocks are expensive and inflation combined with low rates increases risk in bond portfolios. We’ve been spoiled by unusually high returns for a long time. It’s time to temper expectations. Alternative Investments can help manage risk and produce reasonable returns. It’s very easy to get caught up in the day-to-day, week-to-week action in […]
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