Alhambra Investment Partners, LLC

With the state of the “dollar” being what it is, including the devastating darkening afforded by negative swap spreads everywhere, it isn’t exactly surprising to find that primary...

The investing environment remains challenging. Equity valuations are high after a 6 year extraordinary bull market. Bonds have been in a bull market for 35 years and yields, though off their 2012...

The wedge pattern that was formed by the S&P 500 Index ((N:IVV)) finally resolved itself with a big move downward in August. The market corrected to the 1867 and retested that low in late...

Last week’s employment report raised the odds of a December rate hike considerably and the consensus at this point seems to be that it is a done deal. The employment report was pretty good with...

Economic Reports Scorecard – 10/24/15 to 11/6/15 The economic data of the last two weeks stands in fairly sharp contrast to the markets’ movements. Markets, particularly bonds and gold,...

Top News HeadlinesObama sticks a fork in Keystone after company withdraws request. Valeant (N:VRX) troubles continue; CEO sells stock after margin call. Bill Ackman having a very bad month. DOJ...

The deletion of “dollar” capacity in money dealing globally is not just a theoretical impugning upon asset prices alone. Corporate debt issuance has been obviously provoked to an...

While the stock market had one of its best months in years, it was, like the jobs report, uncorroborated by almost everything else. The junk bond bubble, in particular, stands in sharp and stark...

I was rather content to let the matter lie after devoting a couple of lengthy expositions to it, but the Fed has its own way of confirming every charge. I am writing again about the fact that the...

For those inclined to see only the positive side, the current downdrift in at least manufacturing globally still holds no special distinction. Either it is to be dismissed as a trivial concern...

This is fast becoming the “12% recession”, as economists and media commentary rushes to quell any notion of systemic economic retrenchment. If it isn’t “the dollar” or...

This past week, the S&P 500 Cap-Weighted Index iShares Core S&P 500 (N:IVV) tested and then held support at the 200-day moving average (at least for now) during this remarkable rebound from...

Behavioral Finance in investing has been around for some time. The market reflects the collective opinion of investors. These opinions contain a human element and to the extent that they are...