Market Research

Weekly Market Pulse (VIDEO)

Alhambra's CEO talks about last week’s disastrous market and the spike in interest rates, similar to what we saw in June, and the coming recession.

By Marcelo Perez|2022-09-19T12:44:52-04:00September 19th, 2022|Alhambra Research, Bonds, Commodities, Currencies, Markets, Real Estate, Stocks|

Market Currents (VIDEO)

Where are interest rates and inflation going? Alhambra CEO Joe Calhoun answers that question.

By Marcelo Perez|2022-09-19T09:56:00-04:00September 19th, 2022|Alhambra Research, Bonds, Markets|

Weekly Market Pulse: What Changed?
Weekly Market Pulse: What Changed?

Weekly Market Pulse: What Changed?

The S&P 500 fell 4.8% last week and is now down 19.4% year-to-date. Bonds were also down with yields up all across the yield curve. Gold was down 2.5% and the GSCI commodity index was down 2.3%. Rate-sensitive REITs were down nearly 6%. The list of what went up last week would be quicker: the dollar, platinum, silver, and some [...]

By Joseph Y. Calhoun III|2022-09-19T06:29:13-04:00September 18th, 2022|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks|

Is You Is or Is You Ain’t a Bubble?

Monthly closing price for SPY on the 1st day for the month from 2 years prior to a market high to 3 years after that top. The data points are indexed to the starting point 24 months before the market top. I know, I know, it's different this time. It's always different. Different is not a relative measure of anything. [...]

By Douglas R. Terry, CFA|2022-09-19T15:40:44-04:00September 17th, 2022|Economy, Markets|

Market Currents (VIDEO)

Where are interest rates going? Doug Terry, Alhambra's Head of Investment Research, offers his thoughts.

By Marcelo Perez|2022-09-16T15:06:48-04:00September 16th, 2022|Alhambra Research, Bonds, Economy, Markets|

Weekly Market Pulse (VIDEO)

Alhambra CEO Joe Calhoun gives a refresher on nominal and real interest rates and what they're saying right now about the investor fear factor.

By Marcelo Perez|2022-09-12T12:58:14-04:00September 12th, 2022|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks, Taxes/Fiscal Policy|

Weekly Market Pulse: No News Is…
Weekly Market Pulse: No News Is…

Weekly Market Pulse: No News Is…

Nothing happened last week. Stocks and bonds and commodities continued to trade and move around in price but there was no news to which those movements could be attributed. The economic news was a trifle and what there was told us exactly nothing new about the economy. A report that wholesale inventories rose 0.6% cannot be turned into market moving [...]

By Joseph Y. Calhoun III|2022-09-12T08:02:19-04:00September 11th, 2022|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks|

Weekly Market Pulse (VIDEO)

Alhambra CEO Joe Calhoun compares the similarities between today's bear market and past ones, plus last week's data on the economy, employment, and whether the new data points to recession.

By Marcelo Perez|2022-09-06T14:31:43-04:00September 6th, 2022|Alhambra Research, Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks, Taxes/Fiscal Policy|

Weekly Market Pulse: The More Things Change…
Weekly Market Pulse: The More Things Change…

Weekly Market Pulse: The More Things Change…

I stopped in a local antique shop over the weekend. The owner is retiring and trying to clear out as much as she can before they close the doors so I paid a mere $3 for the Life magazine above. I think it might be worth many multiples of that price for investors who think our situation today is somehow [...]