Last week was my birthday, and I chose to celebrate it by heading to my home in the desert to check out some work that had been done and to play tennis. This picture from my car dashboard shows a couple of pieces of interesting information.
…
The Philosophical Investor's Blog
It Costs A Lot To Win and Even More To Lose
by 
Gary Carmell
Gary Carmell
Last week I discussed how recessions have not occurred until an inverted yield curve reverts to being positively sloped such that long rates are higher than short rates. I wanted to do a bit of a deeper dive to see what it means for employment peaks.
…
Fire on the Mountain: Dead Ahead for Jay Powell
by Gary Carmell
Gary Carmell
Fed Chairman Jay Powell understandably garnered a lot of attention after the Fed meetings concluded last week, which resulted in the first pause in rate hikes after 10 consecutive increases. At the same time, to manage expectations, the Fed dot plot forecasts two more interest rate hikes before they’re done for this cycle.
…
Preparing for Slams
by Gary Carmell
Gary Carmell
I had the great privilege to attend the French Open at Roland Garros on June 4th. We saw two women’s matches and one men’s match involving Novak Djokovic. This was the first time I saw Djokovic play in person, so I was really happy we had tickets on the day he was playing on center court.
…
Van Revisited with a Little Help(less) from Neil Young and Family
by Gary Carmell
Gary Carmell
With the exception of writing about interest rates. I do make a concerted effort to have content on my blog be fresh and try to avoid repetition. With that being said, however, there is only so much one can write about that is novel and insightful.
…
Indispensability and Lessons from Liam Neeson
by Gary Carmell
Gary Carmell
And all the roads we have to walk are winding
And all the lights that lead us there are blinding
-Oasis “Wonderwall”
I am periodically asked to give career advice and it is something that honestly I’m not so comfortable doing.
…
Renter Nation - The Move Away From Homeownership
by Gary Carmell
Gary CarmellRenter Nation
Here is my latest video discussing the transition of the United States from a society and economy that was completely homeownership centric to one that has become much more of a Renter Nation. We at CWS believe this is a trend that has some very powerful economic,
…
Having a Ball in Paris
by Gary Carmell
Gary Carmell
I have been contending with a sciatica challenge for at least five years now. I have a nerve that is 50% damaged, and it seems to be regressing. I have seen a chiropractor and had an epidural, but so far, to no avail.
…
Do College-Educated Parents Have Higher Earning Kids?
by Gary Carmell
Gary Carmell
There is overwhelming evidence that the higher the educational attainment one has the more one will earn in his or her lifetime. Is there a correlation between the educational attainment of the parents and their kids? Recent Interesting research carried out by the Federal Reserve shows this is clearly the case and quantifies this as the following chart shows.
…
Living Up To The High Expectations of Dragon Parents
by Gary Carmell
Gary Carmell
Michael Gershon was President George W. Bush’s speechwriter for the first 6.5 years of his administration. One of the most famous lines he wrote was “the soft bigotry of low expectations.” Some people thought that it was a bit harsh in that President Bush was saying that in some ways we’re putting more emphasis on compensating disadvantaged minorities by focusing on what obstacles they are up against rather than raising them up with higher expectations.
…