The inflation report last week was met with a big sigh of relief by investors. Stocks and bonds rallied as the Fed's Whip Inflation Now project seems to be finally bearing some fruit. In reality, inflation peaked months ago but the Fed hadn't really caught on yet - they're a little slow - and the market has been fearing that [...]
I am a visual person so I use charts to see the trends in markets. Tactical changes to your portfolio are difficult because there is so much noise out there it is hard to know what you should act on and what you should ignore. Charts make the job easier by eliminating the noise. Follow the trends. Own things that [...]
What's your outlook for this year? I've heard that question repeatedly over the last month and if you're reading this hoping I'll let you have a peek at my crystal ball, you're going to be disappointed. Because I don't have a crystal ball and neither, I hasten to add, does anyone else in this business. So, no, I don't know [...]
I don't know how many times I've seen blog posts or articles or Tweets about negative consumer sentiment over the last year. These articles rightly point out that the University of Michigan consumer sentiment survey is sitting near (or at a few months ago) 50 year lows. This fact is taken as a negative for the economy and therefore stocks. [...]
From Eurodollar Deflation to Financial Repression Inflation; the risks and the consequences.
Alhambra CEO Joe Calhoun explains why investors should follow the advice of the ancient Greeks and their Delphic Maxims.
Note: This will be my last full commentary for 2022. I will spend the month of December on research for next year, visiting with family, and taking some much-needed time off. I will still be watching markets, as will all the other members of the Alhambra team and if something happens which requires me to communicate, I'll certainly do that. [...]
International events and a strong U.S. dollar and not decimating foreign markets as you would expect. And things look even better if viewed through the lens of local currencies. Alhambra CEO Joe Calhoun breaks down the Currency Illusion.
Commodities and Gold are important parts of any portfolio. Steve Brennan and Alhambra CEO discuss current trends as well as what to own and when.
When we think about the challenges facing an investor today, the big problems, the things we worry about that could cause a lot more harm than some interest rate hikes, are mostly outside the United States. China is prominent this weekend because of demonstrations against their zero-COVID policies. The Chinese people appear to be pretty well fed up with the [...]
Stay In Touch