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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Commitment | May 22, 2021

Commitment In a bacon and egg sandwich, the difference between the chicken and the pig is that the chicken was involved, but the pig was committed. Successful long-term investing requires commitment, not involvement. Market corrections, both minor and serious, occur with regularity. Following time-tested investment principles allows reason to rule over emotion. During difficult weeks […]
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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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The Great Inflation Debate | May 8, 2021

The Great Inflation Debate The Fed (and others) believe that the current inflationary trend is transitory. Others believe that this is the beginning of a great inflationary surge. There are valid reasons for BOTH positions. Inflation is the great unseen tax on your savings. It degrading the purchasing power of your dollars. Parts of our […]
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Taxes Are Headed Higher – Why You Shouldn’t Worry | May 1, 2021

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 […]
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Phil Palumbo joins Yahoo Finance Live to break down the strengths on the earnings front and outlook for the stock market in the latter half of 2021

Yahoo Finance Interview Phil Palumbo, Palumbo Wealth Management Founder, CEO and Chief Investment Officer, joins Yahoo Finance Live to break down the strengths on the earnings front and outlook for the stock market in the latter half of 2021. Watch Here   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only […]
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Staying Focused on the Long-Term | April 24, 2021

Staying Focused on the Long-Term The past few weeks have seen one blockbuster economic report after another. From the 916,000 jobs that were added in March, to retail sales jumping 9.8% month-over-month, these are some of the best economic numbers we could see in a lifetime. At the same time, much of this was anticipated due […]
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