Archives for October, 2013

  1. October 28, 2013

      The unemployment figures came out last week and they were certainly less than anticipated—an increase of 148,000 in nonfarm payrolls in September compared to the expectation of 185,000. [i] This is troubling and reflects a continuing deterioration of job growth. Take a… More >>

  2. October 21, 2013

      Multiple Expansion?Weekly Market Commentary 10-21-2013Tim Phillips, CEO—Phillips & Company As markets return to "normal" and participants attempt to discount and anticipate future events, it’s worth taking a look at what fundamentally drives value. Earnings growth is… More >>

  3. October 14, 2013

      Life Goes On!Weekly Market Commentary 10-14-2013Tim Phillips, CEO—Phillips & Company We are in full circus mode with Congress doing exactly what we hoped they wouldn't: take the "full faith and credit" of the United States to the brink of its capacity. More >>

  4. October 7, 2013

      Weekly Market Commentary 10-7-2013 Tim Phillips, CEO—Phillips & Company As we discussed in last week’s blog, most government shutdowns don't come with extreme long-term consequences. Just take a look at market action for last week. [i] Source: Google Finance… More >>