Blog

We are finally getting into the part of the economic cycle where we will start to see a visible slowing in the economy. Remember, a slower economy should pull inflation lower and help the Fed put a pause on interest rates. Both manufacturing and service activity have… More >>

Our Q1 2023 Look Ahead is available for review. The video link is here and the PDF version is here. In this post, we highlight some key themes we see coming this quarter. The main question for 2023 is whether a recession is coming. Our view is that although the yield… More >>

We hope this holiday blog finds you glowing from a wonderful Christmas. In that vein, I wanted to attempt to succinctly communicate a couple of brief points and get back to the holiday cheer. There is a growing divide between what the Federal Reserve is telegraphing when… More >>

If you are a short-term trader captivated by the ups and downs of markets and the twists and turns with the Federal Reserve, this is a great blog for you. Read on. If you’re a very long-term investor this great article on one of my favorite restaurants, The Old Bull,… More >>

The Federal Reserve will raise interest rates by another 50 to 75 basis points this week and creep a little closer to combating inflation without tipping the economy into a recession. Similar to walking on a teeter-totter; at some point, you pass the balance point, and it… More >>

Two significant shifts took place last week that could provide an alternate backdrop for investors. The Chinese Communist Party (CCP) finally announced some significant moves to moderate their draconian COVID Zero policy. Earlier in November, China modified their COVID… More >>

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 >>