Joseph Y. Calhoun, III

Joseph is the Editor of MyPersonalCFO and President of Alhambra Investments. He is also an associate editor at Real Clear Markets. He resides in south Miami-Dade county with his wife Fay and a small menagerie of rescue animals.

The Impact of Lower Interest Rates Is Already Being Felt

Economic Data Joseph Y. Calhoun, III - September 18, 2024

Mortgage applications in the last week rose 14.2% from the previous week as lower rates impact the economy even...

Employment Report Adds To Recession Fears

Economic Data Joseph Y. Calhoun, III - August 2, 2024

The unemployment rate rose to 4.3 percent in July, and nonfarm payroll employment edged upby 114,000, the U.S. Bureau...

The Economy Continues To Grow At Trend

Commentary Joseph Y. Calhoun, III - July 27, 2024

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according...

Do Homebuilders Have An Inventory Problem?

Economic Data Joseph Y. Calhoun, III - July 19, 2024

Housing starts and building permits both rose in June: Building Permits Privately-owned housing units authorized by building permits in June were...

Inflation Reports Offer Conflicting Information

Economic Data Joseph Y. Calhoun, III - July 12, 2024

The Bureau of Labor Statistics released the Consumer and Producer Price indexes this week. Consumer prices fell 0.1% in...

Why Is A Software Company Investing in Saks/Neiman Marcus?

Commentary Joseph Y. Calhoun, III - July 5, 2024

July 3 (Reuters) - The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar...

US Adds 206,000 Jobs In June

Economic Data Joseph Y. Calhoun, III - July 5, 2024

Total nonfarm payroll employment increased by 206,000 in June, and the unemployment ratechanged little at 4.1 percent, the U.S....

The AI Hype is Hyper

Investing Joseph Y. Calhoun, III - July 4, 2024

This is an excerpt from Yardeni Research Morning Briefing, July 2, 2024. Determining when an investment trend has run its...

Services PMIs

Economic Data Joseph Y. Calhoun, III - July 3, 2024

S&P Global US Services PMI and the ISM Services PMI were both released today with contradictory readings on the...

ADP Employment Report: US Adds 150,000 Jobs In June

Economic Data Joseph Y. Calhoun, III - July 3, 2024

ROSELAND, N.J. – July 3, 2024 – Private sector employment increased by 150,000 jobs in June and annual pay...

Construction Spending

Economic Data Joseph Y. Calhoun, III - July 1, 2024

Total ConstructionConstruction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1 percent...

The Bear Market In Doing The Right Thing

Investing Joseph Y. Calhoun, III - July 1, 2024

The 2nd quarter is over and it was a strange one. Large cap growth stocks were up but the...