Bloomberg Interview – Palumbo Wealth on Global Markets | September 10, 2023

Palumbo Wealth on Global Markets | Bloomberg Interview Philip Palumbo, CEO and CIO at Palumbo Wealth, discusses his outlook and investment strategies for global markets. He speaks with Haidi Stroud-Watts and Vonnie Quinn on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients […]
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CNBC Worldwide Exchange Interview | June 23, 2023

India is an ‘absolute long-term story,’ says wealth management firm | CNBC Worldwide Exchange Interview Philip Palumbo of Palumbo Wealth Management explains why he prefers the Indian market to the Chinese one.   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and […]
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China as a Catalyst | October 29, 2022

China as a Catalyst This week’s headline could easily be construed as a commentary on the potential for an armed conflict, but in this case, we are on a completely different track. With the economic situation in the States appearing increasingly dire (weakening economy, high inflation, massive debt, & higher interest rates) it is rather […]
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The Bond Market Looks Confused | July 31, 2021

The Bond Market Looks Confused Market sentiment has been flip-flopping back and forth between inflation concerns and economic concerns. The very rapid economic recovery has outpaced a COVID constrained supply chain and caused price increases and inflation concerns. Now, the COVID acceleration and rising prices are beginning to slow demand (see the recent housing data) […]
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Asset Class Return Projections | July 3, 2021

Asset Class Return Projections The higher asset prices rise, the lower the expected return on an asset is. That sounds counter intuitive, but if assets rise to their true value, then the higher the price goes, the less upside there is left, i.e., expected returns are lower. This concept is important as many asset prices […]
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Stocks Remain A Prisoner of Interest Rates | March 27, 2021

Stocks Remain A Prisoner of Interest Rates The stock market is following the bond market like a puppy. Rates down? Buy growth stocks. Rates up? Buy reflation stocks. U.S. growth estimates are rising, but they are falling in other developed markets. Unless something changes, rates are probably going nowhere. The economic experience in the U.S. […]
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