The Philosophical Investor's Blog

The Ukraine Drain

Ukraine Drain

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.US Added 678,000 Jobs in February

And yet, 10-year Treasury yields dropped like a rock after the employment report was released.

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From Russia Without Love - Putin's Obsession

Russia without love Putin

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,

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Let He Without Sin...

Banking soap box investing

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.

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A Demand Pull Boomcession

Boomcession

Last week’s CPI report sent shockwaves through bond markets. It came in extremely hot.

US CPI YoY 2005 - 2020

Other inflation indicators are running very hot as well.

Median Consumer price index 2004 - 2022 Boomcession

Interest rates have gone up incredibly fast as investors fear a very hawkish Federal Reserve.

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A Hearty Year of Staying the Course

Gary Heart Surgery 2nd Anniversary

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,

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Happy 90th Bill!

Bill Williams

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.

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Housing: What Inning Are We in?

Housing innings apartments interest rates

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.

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R.I.P. Bob Saget and Developing a Guest/Host Mindset

Bob Saget

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.

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Minutes by Minutes - FOMC

Federal Reserve angry with Jerome Powell

Hey, don’t you worry, I’ve been lied to

I’ve been here many times before

Girl, don’t you worry, I know where I stand

I don’t need this love,

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Flossing away that Gnawing Feeling in 2022

housing flossing 2021 gone

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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