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The Market Corner: the month in review

Written by Filippo Lecchini

The rise of the machines

With the wide adoption of smart phones and the boom of applications for all sort of purposes technology is taking over various aspects of everyone’s life. While technological progress didn’t start with the iPhone, the range of the opportunities and access for the general population has largely expanded in the last few years. Machine Learning, Artificial Intelligence and Data Analytics have become part of the public discourse almost everywhere.

The future of human beings

Dear Friends,

Is the World getting more boring?

I pose this question in a tongue in cheek way, but it is not as trivial question as you might think.


亲爱的朋友们, 当你忙碌的时候,时间总是过得很快。我们辉立度过了一个忙碌的六月。我们准备在今年秋季将公司搬到更宽敞的办公室,我们寻找新办公地点的任务也终于告一段落。然而设计办公室的乐趣才刚刚开始。

CHART VIEW – Crude Oil Futures by Jeff Gilfillan

NYMEX WTI Crude futures front month contract


Front month CME Group NYMEX Crude Oil futures reached a 3 ½ year high of 72.83 on May 22nd. The post financial crisis 50% front month level of 70.44 was temporarily breached in early May and lasted about 3 weeks before retreating into the mid-60s.


It's the details that matter.

Dear Friends,

Time always flies when you are busy, and it has been a very busy month for us at Phillip.  We are moving to a larger office in Fall and while the search for office space is over, the designing fun has just begun.

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