Gary Carmell
Because my blogs need to be approved by CWS’ compliance personnel, I do my best to ensure they are done by Friday so that the reviewers don’t have to work on weekends. Given that the blog is published on Mondays, there are times when events have transpired that may have altered what I wrote had there not been such a delay.
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Gary Carmell
In the short run, the Fed chose to keep up the inflation fight despite deteriorating financial stability emanating from a wounded banking sector. There is now a lot of market data corroborating that the Fed will have no choice but to start cutting rates soon.
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Gary Carmell
Before being hired by CWS, I had to do a personality profile that literally was an all-day affair. One of the questions I remember required me to fill in the blank after starting off with “Happiness is_____”. Without much reflection,
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Gary Carmell
I’m going to breeze through a number of tweets and charts as I’m headed to watch the semi-finals and finals of the tennis matches at Indian Wells. The weather is going to be outstanding, and the matches have a similar promise.
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Gary Carmell
Like many others, I have been looking for where cracks in the financial system might appear catalyzed by the aggressive Federal Reserve rate hiking policy and balance sheet contraction. And while the housing market has been an obvious sacrificial lamb via much higher mortgage rates,
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Gary Carmell
This is one of those weeks where I don’t have anything pressing I feel I need to convey or work through to gain clarity so I thought I would share some random thoughts related to the coronavirus, surveying data, economic reports, and health tip.
Coronavirus vs.…
Gary Carmell
I was flipping through the television channels last week, and I came across Ken Burns’s last episode of his Civil War documentary. It is such a highly regarded series and one in which I hope to see from beginning to end someday. I have always been fascinated by the Civil War,
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Gary Carmell
With the renewed runup in interest rates, I thought it would be appropriate to revisit the homeownership market via a frenzy of charts. Of course, all real estate is local, but these overall trends are pretty powerful, so it would be unusual for most markets to be immune to them.
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Gary Carmell
Like many people who have had long careers and experienced the inevitable ups and downs that go with any long-term venture, I often reflexively respond to those asking for life-changing advice by telling them to do what you love. Actually, it’s more do what you’re passionate about,
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Gary Carmell 
I couldn’t stay away from interest rates for too long. Last week was very fascinating. There was a lot of news that should have been quite bearish for long-term bonds but instead, yields moved down by about 5 basis points for the week for the 10-year Treasury note.
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