Alhambra CEO Joe Calhoun discusses China's Evergrand, this week's Fed meeting, the overpriced stock market, and the latest CPI numbers and reports.
Alhambra CEO Joe Calhoun talks about the 50-year anniversary of coming off the gold standard, and market-based dollar prices
Alhambra CEO Joe Calhoun discusses last week's uptrend in the dollar, the falling growth cycle in the economy, interest rates, and gold.
Alhambra CEO Joe Calhoun reviews good and not-so-good economic reports from last week, new highs in the markets, and the growing trend of speculation with stocks and cryptocurrencies.
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...
COVID-19. No one has seen anything like it before and hopefully we’ll never see anything like it again. As the pandemic swept across the United States, it swept millions of people onto the unemployment rolls creating the highest level of unemployment among Americans since the Great Depression. Congress passed the...
Alhambra CEO Joe Calhoun responds to questions about a slowing economy, long-term economic impacts of COVID, stock prices and the business cycle.
I am not a fan of bitcoin and the myriad other cryptocurrencies. No, I'm sorry if you bought the hype, but these things have no intrinsic value and they are not currencies. Not now and not in the future, at least not in their current form. Governments are not...
Last week was one of the worst weeks in the history of the US stock market. Thursday’s plunge was the worst one-day loss other than the crash of 1987. Friday’s recovery was stunning as well but big rallies are typical of bear markets and that is, unfortunately, where we...