Gary Carmell
Although I’m in the camp that the Fed will stick to its word and not raise short-term interest rates until after 2023 at the earliest, the market is betting differently. Rather than focusing on when the Fed will start raising rates, let’s assume that they will.
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Gary Carmell
The first quarter was incredibly ugly for bond investors, particularly those with exposure to longer-maturity ones. Bond investors were not happy as Treasuries generated the worst quarterly return since 1980.
So who were the big sellers of Treasuries?
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Gary Carmell
[UPDATE] 3:00 PM Egypt – 6 AM PST the Ever Given was refloated and is on the move again. Credit is given to the full moon bringing the spring higher tides, 14 tug boats, and the 27,000 meters of sand removed. The following was written prior to this news.
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Gary Carmell
I remember reading about how Peter Drucker knew to leave Germany after Hitler came to power. He said it was simple. He read Mein Kampf and took Hitler at his word. Since he was Jewish he had to assume he was a target and he determined that the risk of emigrating was far less than the risk of staying.
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Gary Carmell
Economic growth is projected to increase quite substantially now that the $1.9 trillion stimulus has been passed. The following chart shows that economists are forecasting the strongest growth since the Reagan years.
Not surprisingly, a lot of this projected growth is predicated on the spending of built-up savings from multiple stimulus packages that have passed and been disbursed.
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Gary Carmell
Not surprisingly, one of the ways of occupying my time while recovering from my heart surgery has been to dive into all of the different content options on the streaming services. Despite the myriad of choices, I have found very little to watch and that is really more particular to me in that I have a hard time starting a series and being committed to finishing it.
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Gary Carmell
Well, I won’t back down
No, I won’t back down
You can stand me up at the gates of hell
But I won’t back down
No,
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Gary Carmell
I first want to extend my thoughts and prayers to the people of Texas who have experienced an incredible shock to their lives with the loss of electricity and water during the polar vortex. I know we have employees and residents affected by this and virtually every property we own in the state has some form of damage.
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Gary Carmell
This blog post was written earlier than usual. If it is posted as written then it’s good news for me. Why is it good news you might be wondering? It’s because I’m alive. If not, then I guess I’ll never know. Last week I had surgery to repair a leaky mitral valve in my heart.
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Gary Carmell
Hiring people can definitely be a crapshoot. After all, people are putting on their best game faces when they are being interviewed because the stakes can be quite high since it involves people’s livelihoods and careers. With such large stakes many people will unsurprisingly go to great lengths to prepare for interviews and,
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