This time of year brings out some of the strangest behavior Wall Street can exhibit. Despite being wrong year in and year out, Wall Street analysts continue to make wild guesses at where the markets will be in the coming year.
We at Phillips and Company avoid this… More >>
Now that the Fed has raised the Fed Funds rates from effectively zero to .25%, we can move on to the next item on the Wall of Worry to wring our hands over.
In last week’s post, I laid out our broad perspective on where we are in the market cycle. In summary, we are in… More >>
On the eve of the first interest rate increase in nearly a decade, markets have naturally become quite jittery. When you consider the number of issues investors are digesting, an increase in volatility is not a surprise.
First, the U.S. Federal Reserve may tighten… More >>
Friday was another strong confirmation that the U.S. consumer is heading in the right direction. The U.S. Department of Labor released their monthly jobs figures and they continued to show strength.
The U.S. Economy added 211,000 jobs in November along with strong… More >>