Matt Phillips


Matt Phillips writes about finance, markets and economics. He worked at The Wall Street Journal for seven years, most recently covering the aftermath of the Great Recession and the relentless descent of U.S. interest rates. Other descents he covered at the Journal include the January 2009 splashdown of U.S. Airways Flight 1549 into the Hudson River and Hillary Clinton’s bid for the Democratic presidential nomination in 2008. Matt caught the markets bug as lead writer for the Journal’s MarketBeat blog, which he helped turn into one of the most heavily trafficked web properties at the Journal. He spends much of his time trying to force bankers, traders and economists to speak comprehensible English.

The US housing market is heating up

There’s decent news out of the US housing market, with the nation’s second-largest home builder, Lennar Corp., reporting solid second-quarter profits and rising levels of…


No one cooks anymore

It’s one of the more remarkable switcheroos in US economic statistics in recent years. For the last year, retail sales at US eating and drinking…


Americans aren’t as rich as they look

Yes, American households are wealthy—incredibly wealthy. And they’re getting wealthier, at least in the aggregate, according to the latest quarterly numbers from the Federal Reserve.…

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