Market & Economic Analysis

"Study the past if you would devine the future." - Confucius

Eurodollar University’s Making Sense; Episode 38; Part 1: Go-to Pedigree, the Least Worst

———WHERE——— AlhambraTube: https://bit.ly/2Xp3royApple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Pandora: https://pdora.co/2GQL3Qg Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PlayerFM: https://bit.ly/3piLtjV PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK ListenNotes: https://bit.ly/38xY7pb AmazonMusic: https://amzn.to/2UpEk2P PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, tongue-tied by Rana Foroohar. Artwork by David "Banquo" Parkins. ———WHY——— 38.1 Janet Yellen: Competence or Happenstance?What is former Federal Reserve Chair Janet Yellen all about?  [...]

By |2020-12-07T15:05:42-05:00December 7th, 2020|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|
Read More

A More Visibly Detailing Double “L”

Brazil’s Minister of Economy Paulo Geudes told members of the local press last month that the country was on track to lose about 300,000 “formal” jobs in 2020. Though employment growth has slowed there in the second half of the year, as it has worldwide, Geudes was quite proud of his achievement. After all, though hundreds of thousands of Brazilians [...]

By |2020-12-04T19:23:22-05:00December 4th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
Read More

No Doubt, There Really Will Be Two “L’s” In Payrolls

Bad news is good news? The payroll report for November 2020, like those of the previous four months, have only further corroborated and confirmed the untimely death of the recovery. Since actual recovery can take only a “V” shape, then the end of the “V” necessarily means the end of recovery.In the twisted world of mainstream assumptions, however, fret none. [...]

By |2020-12-04T17:10:47-05:00December 4th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|
Read More

Eurodollar University’s Making Sense; Episode 37; Part 3: The Case of The Maturing Bills (not bulls)

———WHERE——— AlhambraTube: https://bit.ly/2Xp3royApple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Pandora: https://pdora.co/2GQL3Qg Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PlayerFM: https://bit.ly/3piLtjV PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK ListenNotes: https://bit.ly/38xY7pb AmazonMusic: https://amzn.to/2UpEk2P PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, Double-Dutch auctioneer. Artwork by David Parkins. Podcast intro/outro is "The Great Ascension" by Christoffer Moe Ditlevsen at Epidemic Sound. ———WHY——— 37.3 Treasury Bills: The Case [...]

By |2020-12-04T15:12:31-05:00December 4th, 2020|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|
Read More

Don’t Really Need ‘Em, Few More Nails Anyway

The ISM’s Non-manufacturing PMI continued to decelerate from its high registered all the way back in July 2020. In that month, the headline index reached 58.1, the best since early 2019, and for many signaling that everything was coming up “V.” Since, however, it’s been a slow downward trend that, when realizing early 2019 wasn’t exactly robust, only reconfigures the [...]

By |2020-12-03T18:56:53-05:00December 3rd, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
Read More

Vaccines and Senate Subsidies, Ls and Ks

In a sense, it’s being priced like a game of chicken. On the one side, there’s been vaccine-aphoria now combined with this week’s subsidy-mania driving narratives more than markets. Really not all that much higher in prices, certainly not anywhere in the neighborhood of the red-hot temperature of the rhetoric being used to describe these two particular developments. Oil’s up [...]

By |2020-12-02T19:15:41-05:00December 2nd, 2020|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
Read More

Your K Is Little More Than The Identifying Details Of This 2nd L

ADP reports today that, for the fifth consecutive month, the labor market recovery everyone had hoped for has instead been transformed into something else entirely. According to the firm, private payrolls expanded by just 307,000 in November 2020 from October. That’s the slowest pace since July, and, most important of all, leaves the private US economy near 10 million short [...]

By |2020-12-02T17:52:46-05:00December 2nd, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
Read More

Eurodollar University’s Making Sense; Episode 37; Part 2: The Case of The (still) Missing Economy

———WHERE——— AlhambraTube: https://bit.ly/2Xp3royApple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Pandora: https://pdora.co/2GQL3Qg Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PlayerFM: https://bit.ly/3piLtjV PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK ListenNotes: https://bit.ly/38xY7pb AmazonMusic: https://amzn.to/2UpEk2P PodcastAddict: https://bit.ly/2V39Xjr ———WHO——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiArt: https://davidparkins.com/ Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, submitting "Magnum PMI" script to Hollywood studio. Artwork by David Parkins. Podcast intro/outro is "The Great Ascension" by Christoffer Moe Ditlevsen at Epidemic Sound. ———WHY——— 37.2 [...]

By |2020-12-02T13:05:40-05:00December 2nd, 2020|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|
Read More

Tesla Isn’t A Car Company

We have the luxury, the honor, of speaking to a lot of individual investors here at Alhambra. Whether they are clients or future clients (optimism is my default condition), the most common view of stocks is that they are overvalued and a fall – a large fall – is inevitable. And there is no stock that embodies that view more [...]

By |2020-12-21T16:25:25-05:00December 2nd, 2020|Alhambra Research, Markets, Stocks|
Read More

There Have Actually Been Some Jobs Saved, Only In Place of Recovery

The ISM reported a small decline in its manufacturing PMI today. The index had moved up to 59.3 for the month of October 2020 in what had been its highest since September 2018. For November, the setback was nearly two points, bringing the headline down to an estimate of 57.5.At that level, it really wasn’t any different from where it [...]

By |2020-12-01T19:45:56-05:00December 1st, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
Read More
© Copyright 2011 -    |   Alhambra Investment Partners   |   All Rights Reserved
XYouTubeLinkedInFacebook
Go to Top