Posted by alhambra

We’ve moved the Alhambra Investments Blog to alhambrapartners.com/blog. Please come check us out.

Posted by Douglas R. Terry

The Fed announcement today was tainted by 3 dissenting votes.  This was the first time since 1992 that 3 members of the committee had voted against the decision.  The key sticking point was the commitment to current interest rate policy for a period of 2 years.
Other comments of note:
“economic growth so far this year has [...]

Posted by Joseph Y. Calhoun, III

The deal to raise the debt ceiling, agreed to last week, obviously wasn’t enough to calm markets and no wonder. The deal was just more of the same smoke and mirrors we’ve come to expect from the small, petty people who populate the halls of power in Washington, D.C. Finding anything in this deal that [...]

Posted by Joseph Y. Calhoun, III

Musings on the Markets from Inside the Beltway
By John L. Chapman, Ph.D.                                             Vol. I, No.3  080711
In this note:
·       Repassage: debt ceiling deal and implications for your net worth
·       ‘Balance sheet’ versus ‘aggregate demand’ recessions: worrisome, or much ado about nothing?  How to invest in any case?
Next week:
·       Nixon’s most tragic mistake, forty years later – [...]