Economics

Alhambra CEO Joe discusses a shift in the market the first week of the new year, as well as the dollar, a big miss on employment numbers, a high quits rate, and good export numbers.

Good, bad, or ugly? Alhambra CEO discusses the untold reality of Quantitative Easing.

Is Jerome Powell as tough as he thinks he is? Alhambra CEO Joe Calhoun has his thoughts, plus surprises last week in housing, especially in the refi market.

Alhambra CEO Joe Calhoun has an opinion on why the market was on a roller coaster after the Fed statement last week; There’s more than one way to calculate the 10/3 yield curve, and don’t put all you hope on a single market indicator.

Stocks took another beating last week as the scope of the coronavirus shutdown started to sink in. The S&P 500 was down 15% last week with most of that coming on Monday after the Fed’s emergency rate cuts. Our accounts performed much better than that, but were still down...

Stocks have stumbled into October with the S&P 500 down about 6% as I write this. The source of equity investors' angst is always hard to pinpoint and this is no exception but this correction doesn't seem to be due to concerns about economic growth. At least not directly. The...

Alhambra CEO Joe Calhoun talks about investor psychology toward current markets and how investor foibles never change. He also discusses the uptrend in the 10-Year Treasury and the Dollar.

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.

First, it was the Great Resignation, also known as the Big Quit and the Great Reshuffle. Beginning in early 2021, workers began resigning at a high rate, looking for more opportunities and thinking the grass was greener on the other side of the fence. A survey by Pew Research listed...