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Managing Earnings and ExpectationsWeekly CEO Commentary 10-29-12Tim Phillips CEO, Phillips and Company We are over two weeks into earnings season, and it looks like companies are doing two things: managing their earnings well, and also managing expectations well. Through the… More >>

The Stealth Consumer Weekly CEO Commentary 10-22-12 Tim Phillips, CEO – Phillips and Company For the third month in a row, retail sales numbers were stronger than expected according to the US Census Bureau. Perhaps the consumer is doing better than most give credit.… More >>

Q4 2012 Look Ahead: Look Beyond 66 DaysWeekly CEO Commentary 10-15-12Tim Phillips, CEO – Phillips and Company Every quarter for the last several years, I have presented a “Look Ahead” for the coming quarter during my committee meetings with institutional… More >>

Part Time ConfusionWeekly CEO Commentary 10-8-12Tim Phillips, CEO – Phillips and Company In September, the unemployment dropped to 7.8% from 8.1%, according the Bureau of Labor Statistics report last Friday. With such a dramatic drop in the unemployment rate, you would… More >>

The Real Meaning of RetailWeekly CEO Commentary 10-1-12Tim Phillips, CEO – Phillips and Company If you look at the chart below from the Federal Reserve, the dramatic peaks in the non-seasonally adjusted retail sales (green line) paint a clear picture, ‘tis the… More >>

  Wealth Does Not Equal Consumption: How Long Can This Last?Weekly CEO Commentary 9-24-12Tim Phillips, CEO – Phillips and Company It's abundantly clear that Chairman Bernanke has been hard at work, and his actions have now had a positive impact on investors. As we have… More >>

The Kitchen SinkWeekly CEO Commentary 9-17-12Tim Phillips, CEO – Phillips and Company Last week the Federal Reserve announced additional steps to try to support a stronger economic recovery according to their press release on September 13, 2012. Here's what they are… More >>

  A Housing Head Fake?Weekly CEO Commentary 9-10-12Tim Phillips, Phillips and Company Last Friday's jobs report almost guaranteed additional monetary intervention by the Federal Reserve to come this week at the end of their meeting on the 13th. As I mentioned in last… More >>

  "Snatching Defeat from the Jaws of Victory"Weekly CEO Commentary 9-4-12Tim Phillips, CEO – Phillips and Company Leave it to Lincoln to come up with another great quip that is very fitting to our current monetary agenda. Allegedly, Lincoln used this phrase when he was… More >>

  Personal Profits and Corporate ProfitsWeekly CEO Commentary 8-27-12Tim Phillips, Phillips and Company Corporate profits as a percentage of GDP are at all-time highs, and according to the Federal Reserve, these profits currently represent approximately 11% of GDP. That… More >>