Chief Investment Strategist at Alhambra Investment Partners LLC
Contributor's Links: Alhambra Investment Partners

As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base.

Jeff joined Atlantic Capital Management, Inc., in Buffalo, NY, as an intern while completing ... more


Now What? Lots Of ‘Stimulus’, And Still No Results
Construction “stimulus” didn’t actually change anything apart from temporary follow-on spending that is related more to what the State Sector is doing than the positive shift in private investment intentions that all “stimulus” seeks.
China RRR: Surprise But No Surprise
Today’s RRR cut is neither a surprise nor is it inconsistent from the perspective of the whole PBOC balance sheet, where the “dollar” is perhaps at its most visibly disturbed.
Data Tick In November TIC
November was the month where global bonds, particularly sovereign bonds, were routed in synchronized liquidation. As such, we would expect to find among various data sources evidence to suggest a monetary “dollar” background consistent with that fact
The Non-Cyclical Cycle Repeats
Industrial production rose year-over-year in December 2016, the first plus sign in more than a year. Under normal circumstances that would be cause for celebration.
Where Do We Begin? Define What It Means To Be A Bank
It may sound overly basic, but times being what they are there is a very well deserved need to be elementary about certain things again. That starts with banks and really defining what is and is not one.
CPI Hits Two
For the 1st time since 2014, the CPI was above 2% in December. Unlike the PCE Deflator, the CPI has been above 2% on other occasions after the 2012 slowdown, notably in mid-2014 when policymakers were making the same extrapolations as to its meaning.


CMG Chipotle Mexican Grill Inc.
DB Deutsche Bank AG
GS Goldman Sachs Group Inc.
JPM JPMorgan Chase & Co.
MCD McDonald's Corporation



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Work Experience

Chief Investment Strategist
Alhambra Investment Partners, LLC.
July 2012 - Present (4 years 7 months)

Alhambra Investment Partners, founded in 2006, is a registered investment advisory company. Our founder, Joe Calhoun envisioned a company dedicated to serving individual investors with honesty, integrity and compelling expertise.

Owner, President & CIO
Atlantic Capital Management
January 2001 - Present (16 years 3 months)

Portfolio Manager & Investment Researcher


Canisius College
1992 / 1996