CEO of Alhambra Investment Partners
Contributor's Links: Joseph Calhoun

Joe has worked in the financial services industry since 1992 in various capacities, including Operations Manager, Compliance Manager, Registered Representative and Portfolio Manager. From 1997 to 2006, when he founded Alhambra Investment Management, Mr. Calhoun was a Director of ... more


Monthly Market Monitor – August 2020
US stocks surged over the last month, with growth indices leaving their value counterparts in the dust… again.
EC Monthly Macro Monitor – August 2020
The stock market rarely makes sense if you compare it to the economy of right now.
A Tactical Update: Whither Goest The Dollar
The most important factors for asset allocation are growth and the trend of the dollar. The uncertainty around those two variables these days is not unprecedented, but the only other comparable time was 2008.
Monthly Market Monitor – July 2020
Given all that has happened in the 4 months since the virus started to seriously impact the global economy, it is amazing how little the long-term market trends have changed.
EC Monthly Macro Monitor – June 2020
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 – and sold but mostly bought – could lead one to believe that the crisis is over.
We Have Reached The Silly Phase Of The Bull Market
Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest bear market in history?


Latest Comments
Keystone Comes A Cropper
3 years ago

I question the very first assumption in that infographic. Unless oil prices remain high there is no economic reason to mine tar sands in Alberta. It is expensive, dirty oil. Is it economic at $45? I have my doubts. And if it isn't, there is no reason for the pipeline. Having said that, if Trans-Canada wants to build it with their own funds, let'em. If it fails their shareholders will pay the price.

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Latest Posts

Work Experience

Real Clear Markets
February 2011 - Present (9 years 9 months)
Alhambra Investment Partners LLC
July 2006 - Present (14 years 5 months)




Oppenheimer & Co.
January 1997 - July 2006 (9 years 8 months)


University of South Carolina-Columbia
1979 / 1982