Weekly Commentary

Weekly Market Commentary 10-24-11 Tim Phillips, CEO – Phillips and Company   We have now entered the final quarter of the year and Alcoa kicked off the final earnings season after the bell on October 11th. As we hit the home stretch we wanted to look back and compare the S&P 500 forecast from the […]

Weekly Market Commentary 10-17-11 Tim Phillips, CEO – Phillips and Company Lately everyone I talk to from small business owners to “the men on the street” are words of doom and gloom. They all express significant doubts about the global economy and think a recession is all but guaranteed at this point. Consumer confidence is […]

Weekly Market Commentary 10-10-11 Tim Phillips, CEO – Phillips and Company The equity markets performed well last week after a historic late day rally on Tuesday. However the prevailing mood of business and consumers are of significant caution and concern. At the end of the day 70% of our economy is based on consumption. If […]

Weekly Market Commentary 10-3-11 Tim Phillips, CEO – Phillips & Company     Last month, European physicists announced that they may have put a serious dent in Albert Einstein’s theory of relativity when they suggested it might be possible for something to travel faster than the speed of light. With relativity on the mind and […]

Weekly Market Commentary 9-26-11 Tim Phillips, CEO – Phillips and Company   Investor and consumer sentiment are near all-time lows and the instinctive thing to do is to follow the crowd and run for the exit.   Behaviorally speaking I call this, “risk as emotion versus risk as fact”.Humans tend to view risk through an […]

The State of Consumption and Policy Debates Weekly Market Commentary 9-20-11 Tim Phillips, CEO – Phillips & Company Focusing on one side of the balance sheet for consumers and corporations from a big picture standpoint you have: debt (liabilities) and net worth (equity). Adding up government, business and consumer debt, we are sitting at a […]

I’m from the Government and I’m here to help. Tim Phillips, CEO – Phillips & Company   We heard that message loud and clear last week. Bernanke gave a speech to reiterate the FED still has plenty of tools at their disposal and Obama gave a speech to a joint session of Congress discussing his […]

Risk vs. Return in Low Growth Economy Tim Phillips, CEO – Phillips & Company There is plenty of economic data to look at every week, but between Ben Bernanke’s speech in Jackson Hole and the September FOMC meeting there are three major economic data points: August employment (9-2-11) Retail sales (9-14-11) CPI (9-15-11) Last week […]

Uncle Ben is Not Afraid Why Should We Be? Tim Phillips, CEO – Phillips & Company Last week everyone was focused on Ben Bernanke’s speech in Jackson Hole, where last year he outlined QE2. As we expected earlier this summer, he didn’t announce or outline “QE3.” He did however make some very key statements: Ben […]

Cold Hard Facts Tim Phillips, CEO – Phillips & Company Last month I mentioned we might “face some pretty gut wrenching days ahead with tremendous market volatility.” That might have been an understatement with everything that has happened. Dysfunction in DC Weak economic data European bank problems Downward revision on economic forecasts The real question […]