Weekly Market Pulse: Same As It Ever Was?

Joseph Calhoun2.92K FollowersFollow5ShareSavePlay(13min)CommentsSummaryWhen one thinks back on all that has happened since 2020, it is, I think, amazing how little the US economy has changed over that time.The uncertainty in 2025 – and so far in 2026 – on the other hand, was driven by expectations about changes in non-monetary economic policies and geopolitics.The annualized rate of growth for real GDP from 2022 to 2025 was 2.3%. From 2010 to 2019 – pre-COVID – the annualized rate of RGDP growth was... 2.3%. peshkov/iStock via Getty Images The Post-COVID Volatility When one thinks back on all that has happened since 2020, it is, I think, amazing how little the US economy has changed over that time. Obviously, the economy was volatile during the shutdown of the economyThis article was written byJoseph Calhoun2.92K FollowersFollowJoe 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 Investments at Oppenheimer & Co. Mr. Calhoun holds the Series 63 (Uniform Securities Agent State Law) and 65 (Uniform Investment Advisor Law) securities licenses. He has previously taken and passed the Series 7 (General Securities Representative) and Series 9/10 (General Securities Sales Supervisor) securities exams. Joe proudly served in the U.S. Navy’s nuclear submarine service for 8 years (1983-1990) and was awarded several commendations including the Navy Achievement Medal in 1987. He studied engineering at the University of South Carolina and is a graduate of the U.S. Navy’s Nuclear Propulsion School. He founded Alhambra Investment Management as a registered investment advisory to address the needs of the individual investor. His market commentaries are widely read and published at various online outlets. He has appeared on Larry Kudlow’s program on CNBC and various radio programs. He is also an editor of the website RealClearMarkets.com.