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About Jeffrey P. Snider

Give us a call at 1-888-777-0970 or via email at info@alhambrapartners.com to discuss how his unique approach informs our investment decisions. We'd be happy to discuss our investment strategies and provide a complimentary portfolio review. Jeff is the Head of Global Research at Alhambra Investments. He is not an economist, which is probably why he's been able to develop a working model of the global monetary system. His research is unique and informative in ways an economist would never consider.

Purchasing Managers Indigestion

By |2020-08-05T19:21:37-04:00August 5th, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

There’s already doubt given how the two major series supposedly measuring the same thing seemingly can’t agree. If the rebound was truly robust, it would show up unambiguously everywhere. But IHS Markit’s purchasing managers indices struggled to get back above 50 in July, barely getting there, suggesting the economy might be slowing or even stalling way too close to the [...]

Buckets and Tookits, Empty Each

By |2020-08-05T17:17:55-04:00August 5th, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s incredible, in a way, because right from the start he’s got everything on his side. There are the media write-ups which all say the exact same thing, calling this an exact science being practiced by the wisest, most considerate stewards. The legend we’ve been raised with. Lore and scholarship (I repeat myself). Most of all, everyone. When everyone says [...]

Eurodollar University’s Making Sense; Episode 20, Part 2: The Dollar Pitch They Can’t Meet

By |2020-08-05T15:59:18-04:00August 5th, 2020|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

———-WHERE———- AlhambraTube: https://bit.ly/2Xp3roy   Apple: https://apple.co/3czMcWN   iHeart: https://ihr.fm/31jq7cI   Castro: https://bit.ly/30DMYza   TuneIn: http://tun.in/pjT2Z   Google: https://bit.ly/3e2Z48M   Spotify: https://spoti.fi/3arP8mY   Castbox: https://bit.ly/3fJR5xQ   Breaker: https://bit.ly/2CpHAFO   Podbean: https://bit.ly/3enSAkr   Stitcher: https://bit.ly/2C1M1GB   Overcast: https://bit.ly/2YyDsLa   PocketCast: https://pca.st/encarkdt   PodcastAddict: https://bit.ly/2V39Xjr     ———-WHO———-   Twitter: https://twitter.com/JeffSnider_AIP   Twitter: https://twitter.com/EmilKalinowski   Art: https://davidparkins.com/   Jeff Snider, Head of Global Investment Research for [...]

What’s In The Same Number? China’s Part In The (euro)Dollar Story

By |2020-08-04T19:26:42-04:00August 4th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

There’s one part of the dollar story I’ve not yet touched on recently. We’ve already heard, too much, about how the Fed’s killing the dollar, or at least is aiming to with all its immense money printing fire power. While it’s the euro which has demanded so much from DXY that it almost seems plausible (to a few) this time, [...]

Accusing the Accused of Excusing the Mountain of Evidence

By |2020-08-03T17:53:25-04:00August 3rd, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Why not let the accused also sit in the jury box? The answer seems rather obvious. While maybe the truly honest man accused of a crime he did commit would vote for his own conviction, the world seems a bit short on supply of those while long and deep offering up practitioners of pure sophistry in their stead.These others when [...]

Eurodollar University’s Making Sense; Episode 20, Part 1: The Dollar Pitch They Can’t Hit

By |2020-08-03T17:23:33-04:00August 3rd, 2020|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

----------WHERE----------   AlhambraTube: https://bit.ly/2Xp3roy   Apple: https://apple.co/3czMcWN   iHeart: https://ihr.fm/31jq7cI   Castro: https://bit.ly/30DMYza   TuneIn: http://tun.in/pjT2Z   Google: https://bit.ly/3e2Z48M   Spotify: https://spoti.fi/3arP8mY   Castbox: https://bit.ly/3fJR5xQ   Breaker: https://bit.ly/2CpHAFO   Podbean: https://bit.ly/3enSAkr   Stitcher: https://bit.ly/2C1M1GB   Overcast: https://bit.ly/2YyDsLa   PocketCast: https://pca.st/encarkdt   PodcastAddict: https://bit.ly/2V39Xjr     ----------WHO----------   Twitter: https://twitter.com/JeffSnider_AIP   Twitter: https://twitter.com/EmilKalinowski   Art: https://davidparkins.com/   Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, hidden in right field. Artwork [...]

Those Three Weeks of Hysteria

By |2020-07-31T20:01:25-04:00July 31st, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Is three weeks a new record? That’s about how long Jay Powell’s performance bought him across most major markets. It was May 17, a Sunday night, when he appeared on 60 Minutes and, pardon me again, lied his ass off. One right after another, starting with the most obvious falsehood that his gang at the Federal Reserve “saw it coming.” [...]

Momentum Lost? Private Income Corroborates Possibility Presented By Claims

By |2020-07-31T18:14:52-04:00July 31st, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Entering 2020, before overreactions to COVID and the shutdown they brought, private income derived from all sources had slowed to the lowest rate since 2010 (not counting 2013, that year skewed by tax changes which were implemented finishing up 2012). According to the latest annual revisions for it, last year, 2019, was a bit more recessionary than previously thought especially [...]

Eurodollar University’s Making Sense; Episode 19, Part 3: Gold, Dollars, and Bonds, Oh Yes

By |2020-07-31T15:42:14-04:00July 31st, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

----------WHERE---------- AlhambraTube: https://youtu.be/QjYJSF28W5QApple: https://apple.co/3czMcWN iHeart: https://ihr.fm/31jq7cI Castro: https://bit.ly/30DMYza TuneIn: http://tun.in/pjT2Z Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Castbox: https://bit.ly/3fJR5xQ Breaker: https://bit.ly/2CpHAFO Podbean: https://bit.ly/3enSAkr Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PocketCast: https://pca.st/encarkdt PodcastAddict: https://bit.ly/2V39Xjr   ----------WHO---------- Twitter: https://twitter.com/JeffSnider_AIP Twitter: https://twitter.com/EmilKalinowski Art: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, slowing it way down à la Major Marquis Warren.  Artwork by David Parkins, descendant of Arthur Eld ancient King of All-World.   Podcast intro and outro is [...]

It Was Bad. The End. (not quite)

By |2020-07-30T18:33:04-04:00July 30th, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

If that wasn’t the most anticlimactic worst economic quarter in history. The numbers were just as bad as people were expecting – which is the point. It’s not like this economic collapse snuck up on anyone, nor did its scale and depth. We’ve all known from the very beginning what the deal was going to be. Headline real GDP fell [...]

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