taxes/fiscal policy

8 min read 2021-12-06 08:40:13

Weekly Market Pulse: Discounting The Future

The economic news recently has been better than expected and in most cases just pretty darn good. That isn’t true on a global basis, as Europe

7 min read 2021-04-05 03:10:25

There’s an old saying on Wall Street that one should “buy the rumor, sell the news”, a pithy way to express the efficient market theorem. By

11 min read 2021-01-19 05:57:34

If you had known in October all that would transpire over the next 2 ½ months, how would you have positioned your portfolio? The conventional wisdom

16 min read 2020-08-21 02:33:20

One of the advantages we enjoy here at Alhambra is the opportunity to interact with a lot of investors. We talk to hundreds of individual investors

17 min read 2020-07-28 03:17:25

Our Fortress strategic asset allocation includes 5 distinct asset classes: The Fortress allocation has historically produced better risk-adjusted

14 min read 2020-06-17 21:47:36

The stock market has recovered most of its losses from the March COVID-19 induced sell-off and the enthusiasm with which stocks are being bought –

7 min read 2020-05-26 23:59:13

Most everyone has heard of the Chinese proverb – or curse – that wishes one to live in “interesting times”. You’ve probably also heard

4 min read 2020-05-19 04:23:53

“Intelligence is the ability to adapt to change.” Stephen Hawking The economic news over the last month has been as awful as anyone alive has

7 min read 2020-04-30 19:34:36

Everyone, or at least all the right-thinking people, believes that capitalism needs to be reformed. Elizabeth Warren calls her version Accountable

7 min read 2020-04-13 21:18:20

With volatility in the stock market ebbing somewhat or at least going in a more comfortable direction – 1000 point up-days feel a lot better than

8 min read 2020-03-30 20:20:12

Stocks rose last week, a breathtaking, nearly 20% run off the recent lows before a pullback Friday trimmed the gain for the week to about 11%. That

6 min read 2020-03-23 19:06:50

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

7 min read 2020-03-16 18:02:39

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

6 min read 2020-01-23 00:19:53

What feeling do you have when you hear IRS? Is there a sick feeling in the pit of your stomach or do you just roll your eyes knowing that April 15th

6 min read 2019-07-30 06:05:40

As an economic system, even the most committed socialists had come to realize it was a failure. What ultimately brought down the Soviet Union