Market Currents: FTX and the Nature of Investment Scandals
The FTX debacle is reminding us why investment scams can happen. Steve Brennan and Alhambra CEO Joe Calhoun look at the similarity between this scam and others from the past.
The FTX debacle is reminding us why investment scams can happen. Steve Brennan and Alhambra CEO Joe Calhoun look at the similarity between this scam and others from the past.
The collapse of FTX is shining light on corruption, influence peddling, conflict of interest, and much more. Steve Brennan and Alhambra CEO Joe Calhoun break it down.
In 2012, the American Taxpayer Relief Act (ATRA) established, for the first time, a permanent estate tax and gift tax exemption. The exemption is the amount an individual can pass on at death without paying estate taxes. The legislation set the exemption at $5 million per person, indexed for inflation. Five years later, Congress decided the exemption was not large [...]
Even in the current market, there are opportunities to invest. Steve Brennan and Alhambra CEO Joe Calhoun discuss developing trends, shifts in the stock market, and when it may be time to switch from defense to offense.
Worried about saving enough for retirement? You can put away more next year. The IRS has just announced the new retirement plan contribution limits for 2023. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan increases to $22,500, up from $20,500. For individuals 50 and older, the catch-up contribution [...]
What caused the rally in stocks and bonds last week? Alhambra CEO Joe Calhoun talks about the CPI numbers, the break in Treasury and Dollar uptrends, interest rates, and lag time to recession.
Is recession coming? When? Can we tell? Steve Brennan and Alhambra CEO Joe Calhoun look at specific language from Jerome Powell, if there will be a soft landing, and whether a peak in interest rates gives any indication about the timing of a recession.
Everybody is talking about the yield curve today. How good are they at indicating a coming recession and what influences them? Steve Brennan talks about it with Alhambra CEO Joe Calhoun.
Is the Fed punishing the middle class? Steve Brennan talks to Alhambra CEO Joe Calhoun about the Fed’s focus on killing jobs and stopping wage increases in an attempt to slow inflation. Has the Fed gone too far, too fast?
It’s a myth that an aging population is deflationary. Steve Brennan and Alhambra CEO Joe Calhoun look at where the myth came from and the difference between its beginnings and what’s going on today in the United States.
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