Sugar High? The stock market rallied as the Fed said we have reached the neutral rate. Markets are already anticipating a reversal of rate increases as stocks and bonds rallied. It’s as if the recession has been cancelled, or maybe it’s over before we knew it was here. But the Fed emphasized that it is […]
Sleeping With the Enemy The U.S. and Europe are now beginning to pay the price for their inability, or unwillingness, to recognize the growing dependence of Western economies on political adversaries. The economic connections between Russia and the U.S. and EU have complicated the situation and have skewed sanctions to the weakside thus far. Sanctions […]
CNBC Worldwide Exchange Interview Palumbo: This is ultimately going to be a year of “sell the rip” instead of “buy the dip”. Please Click Here to view the interview.
After an intense hours-long meltdown Monday, stocks closed higher in a last minute, stunning comeback. At one point, the Dow shed over 1,000 points, the tech-heavy Nasdaq was down close to 5% and inching toward correction territory, and the S&P 500 […]
Cheddar News Interview Philip Palumbo, Founder, CEO, and CIO at Palumbo Wealth Management, joined Wake Up With Cheddar to break down what’s moving the markets ahead of a huge week of tech earnings. Watch Here
Bloomberg Radio Podcast Philip Palumbo, founder, CEO and Chief Investment Officer for Palumbo Wealth Management talks markets. Hosted by Paul Sweeney and Kailey Leinz. (Phil’s segment begins at the 19:14 minute mark) Listen
Taxes Are Headed Higher – Why You Shouldn’t Worry Past tax increases have NOT been associated with slower economic growth or a weaker stock market. The effects of infrastructure spending will serve as an economic offset to tax increases. The final result is expected to be watered down form Biden’s aspirational proposal. Even the slimmest […]
