Often Wrong, Never in Doubt | March 19, 2022

Often Wrong, Never in Doubt Economic projections are rarely easy and are most difficult when most needed. The Fed is forecasting an economic ‘soft landing’ (they NEVER forecast a recession!). The reactive Fed is now behind the curve – that is, reacting late to the inflationary surge, but it expects economic growth to continue unabated. […]
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The New Cold War | March 12, 2022

Short-Term Humanitarian Problem & Long-Term Economic Problem Hopes were raised, then dashed, and raised yet again this week as President Zelensky took NATO off the table for Ukraine and put a new negotiation on the table. The potential glitch appears to be the demand that ‘not one inch’ of Ukraine is lost (we’re unsure where […]
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Bloomberg’s “The Tape” Podcast | March 10, 2022

Markets, Diamonds, And Autonomous Driving Phil Palumbo, CEO, CIO, and founder of Palumbo Wealth Management, discusses inflation, investing, and gives his market outlook for 2022. Angus Pacala, CEO of Ouster, talks about his company and autonomous driving technology. Dave Harden, founder and President of Summit Global Investments, discusses investment strategies amid volatility. Amish Shah, President […]
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Sleeping With the Enemy | February 26, 2022

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 […]
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CNBC Worldwide Exchange Interview | February 17, 2022

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.   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 […]
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