Jan 15, 2026
Philip Chao’s Q4 2025 commentary examines a still-fragile economy marked by a deepening K-shaped divide, persistent tariff pressures, and inflation that remains above the Fed’s target. He highlights the quiet weakening within the labor market, rising costs beginning...
Oct 28, 2025
Philip Chao’s Q3 2025 commentary provides a clear-eyed view of the evolving economic landscape—where persistent inflation, slowing growth, and policy uncertainty continue to shape market behavior. He explores the growing disconnect between consumer confidence and GDP...
Jul 28, 2025
Philip Chao’s Q2 2025 commentary offers a high-level look at the rapidly shifting economic landscape—marked by ongoing inflation pressure, interest rate volatility, depreciating dollar, and sweeping tariff policy changes. He highlights the challenges and likely...
Feb 22, 2023
Timing and the Fed — A Balancing Act What Kind of Landing Should We Expect? I was recently listening to Vildana Hajric and Isabelle Lee of the What Goes Up podcast. The whole balancing act between inflation and monetary policies is the focus of market...
Dec 6, 2022
From Free Toasters to a Free 1% Match Will a 1% Match Motivate Non-Savers? The popular retail brokerage, Robinhood, will offer a 1% “match” to customers who contribute money to an individual retirement account via the Robinhood Retirement program....
