2 Question Tuesday Presented by Focused Wealth Management

This week on 2 Question Tuesday, host Bob Sellers joins Phil DeAngelo and Michael Passante of Focused Wealth Management to discuss the financing behind the AI boom, tax considerations when transferring appreciated stock, and the forces shaping the market outlook. Submit your questions to question@2questiontuesday.com As always, if you have any questions at any time, please feel free to call your a...

This week’s 2 Question Tuesday, Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante about the sustainability of the AI-driven stock market and growing pressures on the housing market. They discuss rising consumer debt, persistent inflation, the impact of interest rates on housing affordability, and how shifting market conditions could influence economic growth and inves...

This week on Two Question Tuesday, host Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante how persistent inflation could affect the stock market and what retirees should consider when managing their Social Security benefits. They discuss the difference between reported inflation and the rising costs consumers experience in everyday expenses, including groceries, energ...

This week on Two Question Tuesday, host Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante what they will be watching as the next earnings season approaches. They discuss why forward guidance, earnings growth, cash levels, borrowing needs, and corporate debt can provide important insight into where companies and the broader market may be headed. The conversation then t...

This week on Two Question Tuesday, host Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante how artificial intelligence is shaping investment decisions and whether cryptocurrencies belong in a diversified portfolio. They discuss AI’s potential to drive corporate earnings, the substantial spending on data centers, and the importance of balancing long-term opportunities w...

This week on Two Question Tuesday , host Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante what the strength of major market indexes may be signaling for investors. They discuss technology’s role in market performance, the importance of earnings, opportunities in bonds, and why diversification remains important. The conversation then turns to estate planning as Michae...

This week on Two Question Tuesday, host Bob Sellers asks Focused Wealth Management’s Phil DeAngelo and Michael Passante about two events that could influence the markets. They break down Witching Friday, why expiring options and futures can contribute to increased trading volume and volatility, and what investors should know about this quarterly event. The conversation then turns to the Federal Re...

This week on 2 Question Tuesday Host Bob Sellers is joined by Phil DeAngelo , Managing Director of Focused Wealth Management, and Michael Passante, CFP®, CPWA® , Director of Financial Planning, to discuss rising debt levels in the U.S. and abroad and why economic growth may play an important role in managing those challenges. They examine debt levels in countries such as France and Japan, the stre...

In this episode of Two Question Tuesday, host Bob Sellers is joined by Phil DeAngelo , Managing Director of Focused Wealth Management, and Michael Passante, CFP®, CPWA®, Director of Financial Planning, to discuss the investment opportunities surrounding the continued growth of data centers and AI infrastructure, including utilities, independent power producers, nuclear energy, and technology. The...

This week on Two Question Tuesday, host Bob Sellers once again asks Focused Wealth Management’s Phil DeAngelo and Michael Passante what could derail the current market rally, from interest rates and government debt to geopolitical surprises and a slowdown in tech spending. They also explore how investors can think about the right mix of stocks and bonds, emphasizing that portfolio allocation shoul...

This week’s 2 Question Tuesday Bob Sellers asks Phil DeAngelo and Matthew Wyant II from Focused Wealth Management about whether the growing concentration of AI-related companies in the S&P 500 could create another boom-and-bust cycle. They also discuss how a potential wealth tax could influence investment decisions, capital movement, municipal bonds, and portfolio management. Submit your quest...

This week’s 2 Question Tuesday Bob Sellers asks Phil DeAngelo and John Del Bene III from Focused Wealth Management how investors should interpret weaker job numbers alongside strong corporate earnings, and what that could mean for interest rates. They also discuss how parents can manage a 529 plan when it may not cover all four years of college, highlighting the importance of timing withdrawals, c...

Bob Sellers asks Phil DeAngelo and Michael Passante of Focused Wealth Management about Japan’s efforts to support the yen and the outlook for real estate. They discuss how both issues may affect interest rates, markets, and retirement planning, while emphasizing diversification, liquidity, and careful debt management. Submit your questions to question@2questiontuesday.com As always, if you have an...

This week on 2 Question Tuesday Bob Sellers asks Phil DeAngelo and Michael Passante of Focused Wealth Management about how AI is changing the workforce and what that means for investing. They also discuss how AI can help analyze portfolios, when retirees may want to consider a Roth IRA conversion, and why tax timing matters when planning for retirement. Submit your questions to question@2questiont...

In this episode of Two Question Tuesday, Bob Sellers asks Phil DeAngelo and Michael Passante about economic conditions in Europe, current opportunities in stocks and bonds, and how retirees can balance risk, inflation, and longevity. They also share insights on market volatility, earnings season, and what investors should watch in the months ahead. Submit your questions to question@2questiontuesda...

Bob Sellers hosts this week’s 2 Question Tuesday, asking Michael Passante of Focused Wealth Management about cooler June CPI (3.5% headline, 2.6% core) and the odds of a more dovish Fed, Big Tech’s AI spending boom and whether it’s more real than the dot-com era, and the case for dropping mandatory quarterly earnings reports to curb short-termism. Submit your questions to question@2questiontuesday...

This week on 2 Question Tuesday, Bob Sellers and Michael Passante discuss recent changes to major indexes, what they may mean for investors, and how the market performed in the first half of the year. They also cover small-cap strength, midterm-year uncertainty, and the key trends Michael is watching for the next six months. Submit your questions to question@2questiontuesday.com As always, if you...

Bob Sellers speaks with Phil DeAngelo and Michael Passante about international markets, U.S. large-cap technology, and emerging markets, and how they stay focused on fundamentals, diversification, and discipline instead of chasing market fads. Submit your questions to question@2questiontuesday.com As always, if you have any questions at any time, please feel free to call your adviser directly at (...

This week on Two Question Tuesday, Phil DeAngelo and Michael Passante welcome Bob Sellers, formerly of Fox and CNBC, as the new guest host. Bob leads a timely discussion on AI-driven markets, inflation, oil prices, and how investors can stay balanced through changing market conditions. Submit your questions to question@2questiontuesday.com As always, if you have any questions at any time, please f...

Phil, Mike, and Larry talk about the SpaceX IPO valuation versus what it actually does and earns, if the stock will crater when the lock-up period ends and insiders cash out, and what this will do to the stock market. They then discuss why technology and AI stocks fell in the runup to the SpaceX IPO and why investors are pulling back from the tech sector. Submit your questions to question@2questio...

Phil, Mike, and Larry discuss the possibility of a rate hike after Friday’s strong jobs report showed nonfarm payrolls in May increased more than double what Wall Street economists had expected, and pushed the 10-year Treasury bond past 4.5%. They then discuss private credit’s return to the headlines after Blackstone limited redemptions from the biggest private credit fund of its kind, at 5%, afte...

Phil, Mike, and Larry discuss the market capitalization of SpaceX’s initial public offering, about $1.75 trillion, and its ridiculous price-to-sales ratio of 93.7, with the 81% rise in the Philadelphia Semiconductor Index this year, and wonder if this means the market is in a bubble? They then talk about the stock market hitting new highs vs. how investors feel about the market and the economy, an...

Phil, Mike, and Larry discuss the SpaceX IPO, as well as the expected IPOs of Open AI and Anthropic, whether these new stocks will soon enter index funds, and how these IPOs will transform the stock market. They then talk about how Federal Reserve officials have been talking about dropping the Fed’s easing bias and raising interest rates if inflation continues to remain above 2%. Submit your quest...

Phil, Mike, and Larry discuss how the Iran War caused a spike in the Producer Price Index, a key inflation number. In April, the PPI rose 1.4 percent, the fastest one-month increase in four years, and jumped 6 percent from a year ago, nearly triple what forecasters had expected. They then talk about how inflation fears caused a global bond rout which pushed the yield on the 10-year Treasury bond p...

Phil, Mike, and Larry discuss Friday’s jobs report which said nonfarm payrolls rose 115,000 in April, down from the 185,000 created in March, and what these numbers tell us about the economy. Then they talk about the expectation that the Senate will confirm Kevin Warsh as Federal Reserve chair for a four-year term this week, how this will affect interest rates, and what the market reaction will be...