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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How investors should digest the Fed’s decision to keep rates near zero. Phil Palumbo joins Worldwide Exchange to discuss his market outlook.

CNBC Worldwide Exchange Interview Phil Palumbo, CIO and CEO of Palumbo Wealth Management, joins Worldwide Exchange to discuss his market outlook. Watch Here   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. […]
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Phil Palumbo discusses how consumers are slowly building confidence, and how going forward interest rates will drive everything

TD Ameritrade Interview Phil Palumbo discusses how consumers are slowly building confidence, and how going forward interest rates will drive everything. He notes the current economic cycle is possibly moving toward the mid-cycle, and talks through different opportunities in the market given the current outlook. Watch Here   Palumbo Wealth Management (PWM) is a registered […]
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Back to the Future | May 15, 2021

Back to the Future Inflation is an enemy we have not seen for a long time. Housing inflation can be particularly harmful because housing is about 17% of GDP. Building costs are rising rapidly. Existing home prices are rising rapidly. Unless incomes rise rapidly too, we are headed for a fall. Last week we discussed […]
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Markets Are Fickle – Bank of America Fund Manager Survey | April 17, 2021

Markets Are Fickle – BofA Fund Manager Survey Perceived risks are shifting away from interest rates and inflation. The latest concern is ‘Peak Economic Growth’ implying that things can’t get much better. When all the experts and forecasts agree – something else is going to happen. The time to re-balance portfolios is approaching. Last week […]
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Are Soaring Growth Estimates Already Priced In? | April 10, 2021

Are Soaring Growth Estimates Already Priced In? GDP Growth is expected to soar based on vaccination progress, consumer recovery and an easy comparison with last year. With a fresh run of stimulus checks delivered, or about to be delivered, and pandemic fatigue rampant, it isn’t hard to imagine at least a mini-boom over the next […]
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Stocks Remain A Prisoner of Interest Rates | March 27, 2021

Stocks Remain A Prisoner of Interest Rates The stock market is following the bond market like a puppy. Rates down? Buy growth stocks. Rates up? Buy reflation stocks. U.S. growth estimates are rising, but they are falling in other developed markets. Unless something changes, rates are probably going nowhere. The economic experience in the U.S. […]
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