Weekly Market Commentary 4-30-12
Tim Phillips, CEO – Phillips and Company
On Friday the BEA released US GDP numbers for the first quarter of this year. Unfortunately, GDP grew by only 2.2%, slower than last quarter’s growth of 3%. So the economy is slowing, but… More >>
Weekly Market Commentary
Tim Phillips, CEO – Phillips and Company 4-23-12
Our markets have had a tremendous run during the first quarter of 2012. The P/E multiple on the S&P 500 has expanded to 14 from 13.2 since the beginning of the year and earnings for the first… More >>
Weekly Market Commentary 4-16-12
The markets have had a great start to the year. The S&P 500 was up 12.6% for the first quarter, making it the best first quarter since 1998. Now the focus will be on company earnings with the first quarter earnings season getting underway.
As… More >>
Weekly Market Commentary 4-9-12
The market has rallied off of its lows from the third quarter of last year, but the jobs report last Friday is a reminder that the global economy still has room for improvement.
Economists were expecting 201,000 new jobs, and the actual result… More >>
Weekly Market Commentary
Tim Phillips, CEO – Phillips and Company
Since Jim O’Neill’s paper on the BRIC (Brazil, Russia, India, and China) economies in 2001, there has been a lot of emphasis on growing economic countries because of their rapid GDP growth… More >>