Retirement Isn’t a Four-Letter Word Each year J.P. Morgan releases an educational booklet on retirement and because we focus so heavily on retirement for clients, we have made it a practice of taking a few topics from it for our clients. Longevity: The first topic we want to address is longevity. We have always been […]
Does the Financial News Have You Confused? Here is a Simplification. Today’s world of instant and constant information can easily put us in a position where we can’t see the forest for the trees. Stepping back from the constant barrage of seemingly conflicting financial data points and focusing on the ‘forest’ can be an enlightening […]
NASDAQ #TradeTalks Interview Palumbo Wealth Management CEO & CIO Philip Palumbo joins Jill Malandrino on Nasdaq #TradeTalks to discuss inflation, rates and what it’s going to take to get the market to the next level. Watch Here Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or […]
The Long and Short of Interest Rates When the week started, it appeared that short-term rates would be the ‘story of the week’ due to a planned drain of Treasury cash (See “Are Negative Rates Coming Despite Fed Opposition”, below.) However, on Thursday, long-term rates took center stage as the 10-year yield jumped from a […]
When it Absolutely, Positively Has to Be There… Those old enough will probably recognize our title from the iconic Federal Express tagline ‘When it absolutely, positively has to be there overnight’. When the pandemic hit almost a year ago, one of the key words of the time was delivery. Groceries were delivered in record amounts, […]
2020 Top Business Leaders Award Watch as Philip Palumbo, CEO and CIO of Palumbo Wealth Management receives an award for 2020’s Top Business Leaders. 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 properly licensed or exempt from […]
Centenarians Dilemma At PWM, we strongly prefer that all of our clients complete a retirement planning exercise so we can properly advise them in all their financial decisions. One of the key questions we need to estimate in developing the plan is how long they expect to live. The classic mistake is assuming that they […]