Weekly Commentary

Weekly Market Commentary 5-21-12 Tim Phillips, CEO – Phillips and Company How can a country with 11 million people and 300 billion in GDP take down the world? Since Greece’s troubles reared its ugly head, European and Asian markets are down 9-15% for the month. The US has fared slightly better, but still down 7% […]

  Weekly Market Commentary 5-14-12 Tim Phillips, CEO – Phillips and Company Myron F. Weiner wrote an article in the Journal of Medical Economics entitled, “Don’t Waste a Crisis — Your Patient’s or Your Own.” While many people want to take credit for this quote, its exact form can be traced back to Mr. Weiner. […]

  Weekly Market Commentary 5-7-12 Even before February 1st when Facebook filed with the SEC to go public, investors have wanted to get their hands on Facebook. It now appears that investors will get the opportunity on May 18th. We normally don’t highlight specific companies or IPOs; however, given that this will be the largest […]

Weekly Market Commentary 4-30-12 Tim Phillips, CEO – Phillips and Company On Friday the BEA released US GDP numbers for the first quarter of this year. Unfortunately, GDP grew by only 2.2%, slower than last quarter’s growth of 3%. So the economy is slowing, but before we dig into the numbers it’s important to remember […]

Weekly Market Commentary Tim Phillips, CEO – Phillips and Company 4-23-12 Our markets have had a tremendous run during the first quarter of 2012. The P/E multiple on the S&P 500 has expanded to 14 from 13.2 since the beginning of the year and earnings for the first quarter are coming in very strong. According […]

Weekly Market Commentary 4-16-12 The markets have had a great start to the year. The S&P 500 was up 12.6% for the first quarter, making it the best first quarter since 1998. Now the focus will be on company earnings with the first quarter earnings season getting underway. As of Friday only 24 companies have […]

Weekly Market Commentary 4-9-12 The market has rallied off of its lows from the third quarter of last year, but the jobs report last Friday is a reminder that the global economy still has room for improvement. Economists were expecting 201,000 new jobs, and the actual result was only 120,000. The unemployment rate did drop […]

Weekly Market Commentary Tim Phillips, CEO – Phillips and Company Since Jim O’Neill’s paper on the BRIC (Brazil, Russia, India, and China) economies in 2001, there has been a lot of emphasis on growing economic countries because of their rapid GDP growth and the potential for significant investment returns. Over the next few weeks I […]

Weekly Market Commentary 3-27-12 Tim Phillips, CEO – Phillips & Company We all know we need to save for retirement; the fuzzy part is how much we need to save. Most experts these days will say you need about 70 to 80% of your current income for retirement but this number can vary based on […]

Weekly Market Commentary 3-19-12 Tim Phillips, CEO – Phillips and Company Last week the S&P 500 had its best weekly gain of the year and economic data continued to show signs of an improving economy (albeit slowly). While this was happening last week, you might have noticed something else that happened (I sure did). Wall […]