I think the following headline juxtaposed with the graph below summarizes the incredible tension facing the U.S. economy. On the one hand, we have a very robust labor market producing a large number of jobs.
And yet, 10-year Treasury yields dropped like a rock after the employment report was released.
This post is going to fall under the category of fake it until you make it. I am going to pretend like I have some special insights into Russia and its actions vis-à-vis Ukraine because I was a political science major, I took classes in Russian history,
I’m going to get on my soapbox for this post. I was talking to a friend who was picking my brain about banking relationships as he was thinking about switching banks for his business and he wanted to know about the one I use.
This week is the one-year anniversary of my heart valve repair surgery. I wrote about what I went through and some of the challenges I had at the time so I won’t rehash all of the details here other than to say that the surgery was pretty complicated,
I wanted to take this opportunity to dedicate this blog post to Bill Williams, one of the founders of CWS. He just turned 90 and I have had the pleasure, honor, and great privilege of knowing Bill since 1987 when I started working at CWS.
Investors are always asking the question what inning are we in when it comes to where we are in a particular cycle. It’s a pertinent question related to housing as it has had a tremendous run in terms of home price appreciation, equity build-up among homeowners, and tremendous profits for builders and investors.
For whatever reason, I was really struggling with what to write this week. Yes, I admit that this does happen. I then started reflecting on the previous week and one of the attention-grabbing events and there was one that particularly impacted my kids, especially my daughter.
2021 is now in the history books and it should be a year worthy of study and reflection. We had to work through a full year of Covid and the huge collateral damage that it has done to people’s physical and mental health,
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