Gary Carmell
Socrates said that “wonder is the beginning of wisdom.” In my book, I talk about the importance of wonder in the context of leading a fulfilling, meaningful, and interesting life. One of the best ways to keep wonder alive is to get outside of our normal environment and travel.
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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
For this week I was originally going to continue my analysis of interest-rate cycles since last week, I looked at increasing interest rate cycles and I was intending to look at decreasing cycles this week. In light of the widely reported and fairly startling suicide of Kate Spade and now Anthony Bourdain,
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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
I was intending to write about the tremendous drop in interest rates around the world in the wake of Brexit, the dramatically improved jobs report, or the $20+ billion that is now frozen in UK property funds. And then the shocking execution of five Dallas police officers shortly after the death of two seemingly non-threatening African Americans in Louisiana and Minnesota took place.
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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
This is what I wrote in my blog of May 7, 2018:
So up until this point having bet on floating rate has been a winning bet. The question now is whether it will be going forward. Before answering that,
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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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