2 Question Tuesday Presented by Focused Wealth Management

Hosted by Focused Wealth Management

Business Investing

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Episodes

310

Latest episode

Jun 2026

Language

EN-US

About the show

Every Tuesday, Managing Director Philip DeAngelo and Director of Financial Planning Michael Passante answer two questions sent in by clients of Focused Wealth Management. Topics can include financial markets, current events, and financial planning. If you have a question, send us an email at question@2questiontuesday.com for a chance to have your question answered on air!

Listen to episodes

60 recent

June 16, 202610 min

6/16/2026 - Do you think SpaceX shares will crash after the insiders cash out? Why are investors pulling back from technology and AI stocks?

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@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

June 9, 202610 min

6/9/2026 - After the strong jobs report, do you think we’ll get a rate hike? Should we expect the private credit situation to get worse?

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%, after investors requested 10%.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

June 2, 20269 min

6/2/2026 - Is the SpaceX IPO a sign that the market is in a bubble? What’s the best habit for keeping emotions out of money decisions?

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, and ask what’s the single best habit for keeping emotions out of money decisions.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

May 26, 202613 min

5/26/2026 - Will SpaceX transform the stock market and soon enter index funds? Will the Federal Reserve raise interest rates this year?

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 questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

May 19, 202611 min

5/19/2026 - What’s your reaction to the surge in the Producer Price Index? What’s going on in the bond market?

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 past 4.6% to hit its highest point in 15 months.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

May 12, 20269 min

5/12/2026 - What do the jobs numbers tell us about the economy? How will the market and interest rates react to Kevin Warsh becoming Fed Chair?

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.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

May 12, 202614 min

5/5/2026 - How will rising inflation change consumer spending contributions to GDP? Do deficits matter?

Phil, Mike, and Larry discuss while gross domestic product grew 2% in the first quarter, the geopolitical situation risks tempering growth as inflation-weary consumers become more guarded, and how will this change the consumer spending contribution to GDP. They then talk about whether deficits matter after Fitch Ratings warned the market that the US’s credit rating faces the challenges of a widening deficit that leaves its debt burden “far above” other nations that share its AA score.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

April 28, 20269 min

4/28/2026 - If gas prices stay high until 2027 what effect will this have on the economy? What do you think about Kevin Warsh wanting a new approach to measure inflation?

Phil, Mike, and Larry discuss Energy Secretary Chris Wright’s comments about how gas prices could remain elevated until 2027 and what long-term effects this will have on the economy? They then discuss President Trump’s nominee to head the Federal Reserve, Kevin Warsh, and his desire to have the Fed adopt a new approach to measuring inflation called trimmed averages, and if this just about shifting the goalposts to make it easier to cut rates?Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

April 21, 202612 min

4/21/2026 - Why is the stock market rallying despite the Iran war? What does it mean for the securities industry that the SEC’s head of enforcement resigned?

Phil, Mike, and Larry discuss the stock market’s huge rally on the possibility of a peace agreement in the Iran War, even though the aftershocks of the oil crisis haven’t hit yet and will potentially affect the global economy in a negative way. They then talk about the abrupt resignation of the SEC’s head of enforcement, just six months into her term, raising questions about the agency’s ability to root out financial wrongdoing.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

April 14, 202616 min

4/14/2026 - What kind of damage will the Iran War do to inflation and the economy? Why is private credit facing a sudden investor exodus?

Phil, Mike, and Larry discuss how the Iran War caused the latest jump in inflation, how much higher they expect inflation to rise, and what this will do to the U.S. economy. They then talk about the private credit market which is facing an unprecedented surge in withdrawal requests from their investors and why this is happening.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.