Weekly Commentary

  On Wednesday, the Chairman of the Federal Reserve gave a very slight indication the Fed would consider adjusting the amount of bonds they buy on a monthly basis from $85 billion.(source: Bespoke, 5/24/13) In that moment, the US Equity markets tanked. We lost approximately $380 billion dollars in stock market valuation or 2.5% of […]

Client EducationPlanning For Health Care in RetirementMay 22, 2013 As part of our ongoing mission to help our clients make educated financial decisions, we are now releasing our latest client education presentation. This issue focuses on a topic that many of our clients brought to us as a concern, which is planning for health care […]

  The Most Undervalued Asset Class? Can Cheap get Cheaper?Weekly Market Commentary 5-20-13Tim Phillips, CEO—Phillips & Company It seems like nothing will stop the US equity markets from rallying. I’m convinced Federal Reserve activity is creating distortions in market participant’s valuation perspective. Equities in the US are getting more expensive. PE Ratios as a Percent […]

  A Chink in the Armor Weekly Market Commentary 5-13-13Tim Phillips, CEO—Phillips & Company Amidst all the euphoria of a record stock market and plethora of earnings reports, it’s easy to lose sight of how weak and cautious the consumer really is. We have written in the past about the lack of wage growth in […]

  The Dividend Trump CardWeekly CEO Commentary 5-6-2013Tim Phillips, CEO—Phillips & Company The most frequent question I’m being asked right now is, “Can this market continue to move higher?” The short answer, in my opinion, is yes. One basic rule of thumb on investing is anything can happen in the stock market and usually does. […]

  The Consumer Did Its Job Weekly CEO Commentary 4-29-13 Tim Phillips, CEO—Phillips & Company The much anticipated report card on the US economy was released last week and I would grade it a C overall. The US economy grew at an annualized pace of 2.5%. The consumer represented almost 90% of the growth in […]

  The Fed: Do we trust them?Weekly CEO Commentary 4-22-13Tim Phillips, CEO—Phillips & Company “Inflation, not if, when”- A noted Wall Street firm Like you, all of us at Phillips and Company are very sad at the events that occurred this week in Boston. Our hearts are broken for all the victims. It made traveling […]

  2011, 2012, Now 2013?Weekly CEO Commentary 4-15-13Tim Phillips, CEO—Phillips & Company Earnings season kicked off a quite start last week. We had 33 of the S&P 500 companies report earnings so far, with 69.7% of them beating expectations (source: Bloomberg). So far, this looks good; however, things really get started in earnest this week […]

  The Waiting Is OverWeekly CEO Commentary 4-8-13Tim Phillips, CEO—Phillips & Company It’s finally upon us: earnings season. To me this season is one of the most anticipated in many years. Between the tax increases taking effect on January 1, and the sequestration cuts in government spending, the consequences are highly anticipated. Is this recovery […]

Contrarian ViewpointWeekly CEO Commentary 4-1-13Tim Phillips, CEO—Phillips & Company It’s quite common when markets achieve new highs to see lots of headlines, and typically the individual investor plows money into the market. When the individual investor chases market returns, they typically get burned. Contrarian investors and value investors are constantly on the watch for the […]