Gary Carmell
With July 4th having just passed I thought it would be inspiring to talk about inspiration. The United States is unique because it is a nation founded on inspired ideals versus population characteristics and geography. These ideals are centered around life, liberty, and the pursuit of happiness as well as the notion that all men are created equal.
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Gary Carmell
I can’t say I’m surprised that states that had itchy trigger fingers to reopen (e.g. Texas, Arizona, Florida) are seeing a surge in new COVID-19 cases and a higher positivity rate among those tested. The following graph from the Wall Street Journal shows how the number of new cases is hitting a new peak after having come down.
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Gary Carmell
“We’re not thinking about raising rates —
we’re not even thinking about thinking about raising rates,”
Jerome Powell during 6/10/20 press conference
With interest rates at record lows, this is a time when many people are strongly considering locking in long-term,
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Gary Carmell
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Gary Carmell
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed,
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Gary Carmell
After Roneet’s passing, I wanted to channel my grief in ways that I could honor her memory and help contribute to bettering the world. I chose to back incredibly dynamic, bright, passionate, and innovative people with whom I had great respect that I thought Roneet would be proud of as well.
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Gary Carmell
“Everyone takes the limits of his own vision for the limits of the world.”
Arthur Schopenhauer
The COVID-19 global lockdown is understandably very controversial because the cost has been staggering in terms of job losses and the psychological ramifications on so many people.
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Gary Carmell
I was able to finally return to playing some competitive tennis last week. This is something that I was eagerly awaiting. On one of my daily walks ascending the very steep hill near my home I was reflecting on this and how could I best position myself to hit the ground running when I returned to the court.
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Gary Carmell
Ok, let’s get this out of the way first since this blog has a subliminal purpose of being a diary for major economic and financial milestones so this is one I can’t ignore.
Now to the subject at hand.
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Gary Carmell
As states start to open up, economic activity will undoubtedly increase. The S&P 500 is up approximately 26% from its March 23rd low, perhaps suggesting the worst is behind us for now. Of course, the question on everyone’s mind is whether there will be a second wave as more people congregate at work,
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