Alhambra Investment Partners

Alhambra Investment Partners because we put YOU first in EVERY investment decision. We’ve eliminated all potential conflicts of interest from the investment equation to make sure that YOUR interests are protected. Alhambra is a registered investment adviser. The SEC defines investment adviser as “any person or firm that for compensation is engaged in the business of providing advice, making recommendations, issuing reports, or furnishing analyses on securities, either directly or through publications”....

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News and Media

  • Chief investment strategist Jeffrey Snider guests on the Santelli Exchange
  • Chief investment strategist Jeffrey Snider guests on CNBC’s Street Signs
  • Chief investment strategist Jeffrey Snider guests on the Santelli Exchange
  • Ceo Joseph Y Calhoun guests on the Kudlow Report

Blog  

  • 30Sep

    Old Mother Dollar (Liquidity)

    by Jeffrey P. Snider  Comments (1)
    The pestilence of the wholesale “money” system, the eurodollar standard if you will, is that the “dollar” is no longer anything like one and that these “markets” for it are not directly observable. That leaves...
    30Sep

    China PMI Now Disappears

    by Jeffrey P. Snider  Comments (0)
    There are major problems with PMI’s as anything like a useful indicator of anything actually useful. However, what has taken place recently particularly with regard to the Chinese version is outright silly, obtuse or intentionally...
  • 30Sep

    Common Sense Said It Probably Wasn’t Worth It

    by Jeffrey P. Snider  Comments (1)
    When QQE was first officially introduced, I produced what I thought would be a “template” for the trajectory of the Japanese economy. On a strictly reasoned basis, without any forward calculations or regressions, the Japanese,...
    29Sep

    Confounding Home Sales

    by Jeffrey P. Snider  Comments (1)
    There was a surge in new home sales reported last week, breaking the current flat trend that extended back well beyond last year’s MBS problems. The huge increase in sales, so out of character with...
  • 29Sep

    Bubbles As Market Efficiency

    by Jeffrey P. Snider  Comments (1)
    I want to believe markets are efficient and incorporate “all” the possible permutations as best as possible, but I don’t think that is the case under current conditions. Whatever efficiency there has been, or whatever...
    29Sep

    Where’s The Income Growth?

    by Jeffrey P. Snider  Comments (1)
    Continuing on with the theme of orthodox interpretation vs. context, in order to determine not just the relative position of the economy but how that relates to “markets” vis-à-vis bubbles, the current estimates of personal...
  • 26Sep

    Further Measures of Market Risk

    by Jeffrey P. Snider  Comments (0)
    Continuing on with the valuation theme, there are a couple of additional “market” indicators that are also at or above dot-com levels. While not strictly a valuation technique, the level of margin debt and really...
    26Sep

    More Depth To Market Risk

    by Jeffrey P. Snider  Comments (0)
    With last week’s release of the Financial Accounts of the United States (formerly known as the Flow of Funds; still designated Z1 by the Fed’s system) we can add to yesterday’s examination about bubbles and...