by Phelps Admin | May 19, 2025 | Press
Investor sentiment—not fundamentals—is what drives financial markets today. If you need evidence, just look at the past decade: we’ve seen stocks climb relentlessly despite sluggish earnings, geopolitical instability, and ballooning debt. But when sentiment shifts,...
by Phelps Admin | May 16, 2025 | Press
The April jobs report was just released, and on the surface, it looks like good news. Nonfarm payrolls came in higher than expected, which on the surface makes the job market look strong—especially considering we’re still dealing with inflation and elevated interest...