The ultimate consumer shopping days are now in the books and the outcomes are impressive. According to recent transaction data from Adobe, consumers have spent more this holiday season than 2020 or 2021.(1) While growth rates are modest, raw dollars being spent are… More >>
On behalf of the entire team at Phillips & Company Advisors, we wish you and your family a wonderful Thanksgiving. In an unprecedented year of challenges we are still mindful of the many things we are thankful for, especially your trust and confidence.
Tim… More >>
During any trend transition from growth to contraction, and back to growth, investors are pitted against each other – between optimism and pessimism, classic buyers vs. sellers. The two overarching themes of our current environment are interest rates and inflation. Over… More >>
Last week was a classic reminder to those that believe they can outsmart and outwit equity markets. The notion that someone has a crystal ball into what moves millions of equity investors should be debunked for the time being. Our basic ground rule is equity returns occur… More >>
Once again, we are left in monetary limbo. The Federal Reserve raised interest rates by 75 basis points last week, taking the Fed Funds rate to 4%. Unfortunately for investors trying to understand how to value future cash flows, the Federal Reserve was also uncertain about… More >>