Weekly Market Pulse (VIDEO)
Alhambra CEO Joe Calhoun discusses the impact of the Ukraine/Russia situation on oil, recession, European stock markets, and Alhambra portfolios.
Weekly Market Pulse: Oil Shock
Crude oil prices rose over 25% last week and as I sit down to write this evening, the overnight futures are up another 8% to around $125. Almost every other commodity on the planet rose in prices last week too, as did the dollar. Those two factors - rising dollar and rising commodity prices - mean the likelihood of recession [...]
Weekly Market Pulse: Well, That Was A Surprise
Last week when I wrote this weekly piece, the S&P 500 futures were down 80 points as Russia appeared poised to attack Ukraine, which they ultimately did last week. Today I sit here to write again and the futures are once again down, this time around 100 points. What's interesting is that the level this evening is well above last [...]
Weekly Market Pulse (VIDEO)
Alhambra CEO Joe Calhoun discusses last week's action with Facebook & Amazon and says diversification is not dead.
Weekly Market Pulse: Are You Diversified?
There were some wild, unprecedented - frankly stunning - swings in some very large, high-profile stocks last week. The press concentrated on Meta, nee Facebook, and Amazon as the yin and yang, the negative and positive, of the market. Facebook (how long before Zuckerberg abandons Meta? I give it a year) managed to lose a quarter of a trillion dollars [...]
Weekly Market Pulse (VIDEO)
Alhambra CEO Joe Calhoun discusses last week's crazy market, earnings season, and changes to Alhambra portfolios.
Weekly Market Pulse: Are We There Yet?
I'll just get this out of the way right at the beginning. The question in the title of this post refers to the end of the ongoing stock market correction and the answer is likely no. There are no sure things in this business so it isn't an unequivocal no, but based on history, the odds favor more weakness. I [...]
Weekly Market Pulse (VIDEO)
Alhambra CEO Joe Calhoun talks about the return of fear to the market, the 2022 selloff in risky assets including large-cap growth, what's going on with volatility, REITs, bonds, commodities, and if it's time to get greedy.
Weekly Market Pulse: Fear Makes A Comeback
Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline. - Philip Roth Be fearful when others are greedy and be greedy when others are fearful. - Warren Buffett The new year hasn't gotten off to a great start for growth stocks or [...]
Weekly Market Pulse: A Very Contrarian View
What is the consensus about the economy today? Will 2022 growth be better or worse than 2021? Actually, that probably isn't the right question because the economy slowed significantly in the second half of 2021. The real question is whether growth will improve from that reduced pace. The Atlanta Fed GDPNow tracker now has Q4 growth all the way down [...]
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