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


Weekly Market Pulse: 'TANSTAAFL'
'TANSTAAFL' is an acronym for “There ain’t no such thing as a free lunch.” In economics it most often refers to tradeoffs or opportunity costs; resources are scarce and if you choose to use them in one way, they aren’t available for an alternate use.
Weekly Market Pulse: Fat Pitch?
If inflation expectations fall as rapidly as they rose, the fat pitch will come in the bond market.
Weekly Market Pulse - Monday, April 18
It may be time to go contrarian. In this interview, I talk about stocks, bonds & commodities.
Weekly Market Pulse: What Yield Curve Inversion?
Did the curve invert because market participants traded in anticipation of an the inversion, causing it to happen before it would have in an earlier era?
Weekly Market Pulse: What Now?
The yield curve inverted last week. Well, the part everyone watches, the 10 year/2 year Treasury yield spread, inverted, closing the week a solid 7 basis points in the negative.
Weekly Market Pulse: The Cure For High Prices
There’s an old Wall Street maxim that the cure for high commodity prices is high commodity prices. As prices rise two things will generally limit the scope of the increase.


Latest Comments
Keystone Comes A Cropper
4 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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BBY Best Buy Co.
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Latest Posts

Work Experience

Real Clear Markets
February 2011 - Present (11 years 5 months)
Alhambra Investment Partners LLC
July 2006 - Present (16 years 1 month)




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


University of South Carolina-Columbia
1979 / 1982