Is the Phillip's Curve Dead?

Is the Phillip's curve dead? Historically, we have seen inflation ramp up at these unemployment levels - but not this cycle.  Why doesn't inflation pick up?  Well, as the labor market tightens, employees are put in a better position to negotiate wages, their higher wages allow them to purchase more goods, rampant demand for more goods then enables employers to raise prices without a significant impact to their sales volumes.  And the cycle continues....

Read More
Grant Glenn, CFA, CFP®
Halftime Market Report

It's July 16th and we're back after taking last Monday off for some recovery time post-Independence Day week.  I think it's time for a good, old-fashioned halftime report on what's going on in the markets and economy as we move into the second half of 2018.

Read More
It's 2018, What's Your Next Shot?

On January 15th, 2018, the Australian Open kicked off.  This tournament is the first of the major four Grand Slam events of the year and it gives us tennis fans a perspective of what may occur over the rest of the year.  In fact, over the past ten years in men’s tennis, the winner of the Australian Open finished the year ranked in the top 3 nine out of ten times and finished No. 1 three of those times. 

Read More
Grant Glenn, CFA, CFP®