How investors should digest the Fed’s decision to keep rates near zero. Phil Palumbo joins Worldwide Exchange to discuss his market outlook.

CNBC Worldwide Exchange Interview Phil Palumbo, CIO and CEO of Palumbo Wealth Management, joins Worldwide Exchange to discuss his market outlook. Watch Here   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 licensure. […]
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Stepping Back | June 12, 2021

Stepping Back Stocks are expensive and inflation combined with low rates increases risk in bond portfolios. We’ve been spoiled by unusually high returns for a long time. It’s time to temper expectations. Alternative Investments can help manage risk and produce reasonable returns. It’s very easy to get caught up in the day-to-day, week-to-week action in […]
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Is Big Oil Dead? | June 5, 2021

Is Big Oil Dead? Energy stocks have been on a tear in 2021 as the economy re-opens. The Biden Administration is pushing hard for Green Technology. Ironically, that could make oil and gas reserves more valuable. The best performing sector this year has been energy, rising almost 6% this week alone and 47% YTD, as […]
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Can China Reverse the Current Inflation Trend? | May 29, 2021

Can China Reverse the Current Inflation Trend? Although supply chain disruptions are clearly a contributing factor to current inflation, China’s influence on inflation should not be discounted. Prices are still significantly higher, but have recently fallen, coinciding with Chinese authorities cracking down on commodity speculation. The recent correction does NOT mean we can stop worrying […]
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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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