The Only Constant is Change

The Only Constant is Change When major tax or regulatory reform is enacted, it is always prudent to review the legislation to gauge how it might affect one’s financial well-being, either positively or negatively, and adjust accordingly. The changes recently passed in the One Big Beautiful Bill Act are far-reaching and it’s hard to imagine […]
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“The Big Beautiful Bill?”: A Summary

“The Big Beautiful Bill?”: A Summary We hope everyone has a nice Memorial Day weekend! In this week’s Weekly Pulse, we have published a summary of the “Big Beautiful Bill” recently passed by the House of Representatives for your review. We feel it is valuable to see a summary “without spin”, which we suspect may […]
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Deal, or No Deal?

Deal or No Deal? As far as the stock market is concerned, it is a deal, and that created a massive short squeeze that drove the stock market higher, smashing through technical resistance with the S&P 500 now trading above both the 50-day and 200-day moving averages. The uncertainty that paralyzed markets in April appears […]
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A Time for Steady Hands

A Time for Steady Hands The market volatility this week has been jarring — some of the most intense swings we’ve seen since the early days of the COVID-19 crisis. Much of it has been driven by the announcement of substantial new tariffs under what Trump has labeled “Liberation Day,” a move that is not […]
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Special Report: Liberation Day? Not So Liberating.

Liberation Day? Not So Liberating. President Trump’s so-called Liberation Tariff Day wasn’t very liberating for the stock market or the broader economy. As we’ve consistently said, markets hate uncertainty, and right now, we’re facing the most consistent uncertainty we’ve seen since the early days of COVID. Our view is simple: the tariff terms announced are so extreme that […]
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April 2, 2025: “Liberation Day” or Policy Wild Card?

April 2, 2025: “Liberation Day” or Policy Wild Card? Dubbed “Liberation Day” by President Trump, April 2 is shaping up to be a pivotal moment for U.S. trade policy—not an April Fool’s prank, but a serious shift with potentially far-reaching implications. That said, given the administration’s historically erratic, start-and-stop approach to tariffs, uncertainty still looms […]
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Palumbo’s Picks: NOC, JPM, BAC, OXY | The Watch List | Schwab Network

Palumbo’s Picks: NOC, JPM, BAC, OXY | The Watch List | Schwab Network MARKETS HATE UNCERTAINTY—AND TRUMP’S POLICY AGENDA IS BRINGING PLENTY OF IT. In my recent interview on Schwab TV with @nicolepetallides, we discussed how President Trump’s monumental policy agenda is creating waves in the markets. Investors thrive on clarity, but with shifting policies […]
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