Uncle Ben is Not Afraid Why Should We Be?
Tim Phillips, CEO – Phillips & Company
Last week everyone was focused on Ben Bernanke’s speech in Jackson Hole, where last year he outlined QE2. As we expected earlier this summer, he didn’t… More >>
Cold Hard Facts
Tim Phillips, CEO – Phillips & Company
Last month I mentioned we might “face some pretty gut wrenching days ahead with tremendous market volatility.” That might have been an understatement with everything that has happened.
Dysfunction… More >>
"After a wild week on Wall Street the world is different"
Tim Phillips, CEO – Phillips & Company
This was the cover of Time Magazine just after the crash of 1987. I remember being very new in the business and thinking, "Had the world fallen apart?" At the time, I also… More >>
More Questions Than Answers
Tim Phillips, CEO – Phillips & Company
As I discussed in our blog post last week about Deficits, Defaults, and Downgrades, we believed a downgrade was inevitable, but thought it would come to fruition much further down the road. At this… More >>
There is Only One Way
Tim Phillips, CEO – Phillips & Company
As we expected, it looks like the political class will get something done. As anticipated, The Debt Limit Deal also looks like it's heavily back loaded (much ado about nothing). In fact, all the real cuts… More >>