I went to the crossroad, fell down on my kneesI went to the crossroad, fell down on my kneesasked the lord above "have mercy, now save poor bob, if you please"Yeoo, standin' at the crossroad, tried to flag a rideooo eee, i tried to flag a ridedidn't nobody seem...
No Place to Hide! Alhambra CEO Joe Calhoun talks about the disastrous close to last week's market, its causes, and results.
Alhambra CEO Joe Calhoun talks about investors who sold out at the market low this summer, why you need strategy and tactics in your investment plan, and the current state of stocks, bonds, and possible recession.
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...
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...
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.
Japan's stock market hasn't done much this year - the Nikkei is up about 4% YTD - but you can't blame that on poor corporate earnings growth. Earnings for the Nikkei are up about 30% year over year and profit margins are hitting new highs (from the FT): Shinzo Abe...
Howard Gold had an article last week at Marketwatch: Why is the US stock market weak? Because the economy is too strong. What does it mean for the economy to be "too strong"? Isn't growth supposed to be good for stocks? Gold's reasoning is that Fed tightening is driving up the...