Market Currents: What Drove Income Inequality
Demographics and Globalization are responsible for wealth inequality around the world. Steve Brennan and Alhambra CEO Joe Calhoun talk about the winners and losers.
Weekly Market Pulse: It’s Always Different This Time
The FOMC met last week and did what everyone expected them to do - raised the Fed Funds rate by 0.75%. The bond and stock markets reacted not to this action but to the commentary provided by the committee in its statement and by Chairman Jerome Powell at his post meeting press conference. The former had a new phrase, a [...]
Market Currents: Political Populism…the Economic Causes
Demographics and Globalization are driving political change. Alhambra CEO Joe Calhoun talks about causes and unintended consequences.
Market Currents: Demographic Trends Now Inflationary
Demographic trends are changing the economic landscape in the United States. The older population is growing rapidly while the working population is shrinking. The labor shortage is also adding to the problem. Steve Brennan and Alhambra CEO Joe Calhoun break it down.
Weekly Market Pulse (VIDEO)
Alhambra CEO Joe Calhoun explains why he's a rational optimist about current market conditions and the economy, what he expects from the solid inversion of the 10/3 yield curve, and what he expects from this week's Fed meeting.
Weekly Market Pulse: Rational Optimist
I have often been accused over the years of being too optimistic and I will plead guilty to having a little rose-colored tint in my glasses. I am an optimist by nature and I search constantly for good things to write about. There are more than enough people out there willing to tell you the world is coming to an [...]
Market Currents: Signs the Fed is Causing Recession
There's talk that the next Fed rate hike will push the economy into recession. Alhambra CEO Joe Calhoun points out signs to look for before the beginning of a recession.
Market Currents: Is Powell The Worst Fed Chair?
Is Jerome Powell the worst Federal Reserve Chairman of all time? Alhambra CEO Joe Calhoun lays out the case.
The Cleanest Dirty Shirt
The Cleanest Dirty Shirt It’s easy to overestimate the problems the United States faces while underestimating its strengths. The challenges are certainly significant. Politics have seldom been so divisive. The government is running an annual deficit of over a trillion dollars, with a total debt many times that. Inflation has spiked. The Fed has been hiking interest rates at a [...]
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