Gary Carmell
I am an avid reader and always on the lookout for interesting information and trends that might spark some kind of insight with regard to economic, financial, or societal trends. I thought I would share a few graphics that caught my attention recently. These are in no particular order.
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Gary Carmell
With the subprime-induced global financial meltdown of 2008 and 2009, along with the dotcom implosion in the early 2000s resulting in the NASDAQ dropping by approximately 80%, it’s not surprising that most investors are constantly on guard against the bursting of bubbles and crashes ensuing. If one takes a step back,
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Gary Carmell
Chinese Lending Practices
I am reading with some fascination the incredible excesses that have been taking place in China with regard to terrible lending practices and widespread fraud. The unregulated banking system is clearly running amuck in China. Here is a very interesting link from Mish’s Global Economic Trends highlighting the massive problems unfolding with regard to loan guarantees not to being honored.
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Gary Carmell
When one thinks of disruptors it’s not surprising to think of modern tech titans like Jeff Bezos, Mark Zuckerberg, Reed Hastings, Peter Thiel, Bill Gates, Marc Benioff, Steve Jobs, Larry Page, etc. I was reading an interview with the great American writer Philip Roth in the New York Times and he referenced books that he has recently read and what triggered his interest in them.
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Gary Carmell
Trite generalizations have been able to have longevity because there is enough truth in them to have proven wise and insightful. One of them is that markets go up like an escalator and drop like an elevator. Last week was a perfect example of this.
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Gary Carmell
With the tax overhaul now being law, I wanted to do a granular analysis of what the changes mean for those who own and those who rent in a high tax, high-cost state (California) and one residing in a low cost, low tax state (Texas).
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Gary Carmell
[2018 UPDATE ] The Dallas Fed released its Texas Manufacturing Outlook Survey, January 29, 2018. The data was collected Jan. 16–24, and 97 Texas manufacturers responded to the survey. As you can see the business indicators in Texas remain strong as following chart shows:
Note the highlighted section showing that every indicator is “increasing”.
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Gary Carmell
Maybe I’m writing about the dollar because I’m traveling abroad soon so it affects my pocketbook. It could also be due to the rather shockingly overt talking down of the dollar by Treasury Secretary Steve Mnuchin in Davos.
“Obviously a weaker dollar is good for us as it relates to trade and opportunities,”
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Gary Carmell
Like many other investors I am a big fan of Seeking Alpha as it is a terrific resource to research companies, markets, and to get a wide variety views regarding important economic, societal, and business trends. One of the most prolific writers there who I follow is Jeffrey Snider.
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Gary Carmell
What a difference a week makes. Last week I wrote about how the Fed starting to unwind its balance sheet shouldn’t cause us much worry in terms of triggering a meaningful increase in interest rates. Of course, yields spiked higher over a few days to seemingly contradict my sanguine outlook.
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