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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With Holidays Ahead, Can Consumers Keep Carrying the Economy?

With Holidays Ahead, Can Consumers Keep Carrying the Economy? Approximately two-thirds of the United States’ gross domestic product (GDP) is fueled by consumer spending, highlighting its significant influence on either propelling or hindering economic growth. Despite the challenges posed by sustained high inflation and increasing interest rates over the past year and a half, American […]
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Rising Oil Prices Could Pose the Latest Threat to the Economy

Rising Oil Prices Could Pose the Latest Threat to the Economy Oil prices have surged by over 17% since late June, causing transportation costs for both consumers and businesses to rise and unsettling financial markets. On September 27, West Texas Intermediate crude, the U.S. oil price benchmark, surpassed $93 per barrel, reaching its highest point […]
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