World Allocation Portfolio
The world allocation portfolio is our flagship tactical strategy. The level of risk exposure in the portfolio will vary between conservative and aggressive risk profiles depending on Alhambra Partner’s assessment of the global investing environment. This portfolio gives investors diversified exposure to all return producing assets around the globe. It is suitable [...]
The market opened the week with SPY at 130.53 and closed at 120.08, a decline of 8%. Three items came together this week to create the negative market movement and higher volatility. The scenario began seemingly as a liquidity issue, the selling of assets to raise cash. As the week wore on there were definitely [...]
Since the beginning of 2011, the S&P 500 had been trading in a tight range between 1250 and 1350. All the while, a noticeable formation called a “head and shoulders” was developing. An important support level was apparent at the 1250-1251 level which is called a “neckline”. Technical analysts were carefully watching this important level. [...]
Thinking Things Over
Musings on the Markets from Inside the Beltway
By John L. Chapman
Vol. I, No.2
07/31/11
In this note:
“Balance sheet-” versus “Aggregate demand-” recessions: is there a difference, and does it matter for investors? What is our investment strategy in light of our findings?
Two days before the debt ceiling “deadline”, it appears the two major [...]
