There are things you can replace
And others you cannot
The time has come to weigh those things
This space is gettin’ hot
You know this space is gettin’
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There are things you can replace
And others you cannot
The time has come to weigh those things
This space is gettin’ hot
You know this space is gettin’
…
At CWS we have been heavily focused on growth-oriented markets that have large in-migration due to a competitive cost of living, high quality of life, and pro-business environment. This has led us to be heavily concentrated in metro areas such as Austin,
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There’s no question now that the Federal Reserve is in full hawkish mode. The release last week of the minutes of the previous FOMC meeting left no doubt that they are on an aggressive path to squelch inflation through demand destruction and tightening financial conditions.
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I had the distinct pleasure to once again attend the last three days of the BNP Paribas tennis tournament at Indian Wells. I purchased tickets for the quarterfinals, semi-finals, and finals for both men and women for singles and doubles. I love to observe the players in action to study how they approach their craft and adapt to different situations,
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The Fed finally raised short-term interest rates last week. The market is expecting a very fast and steep rate hike cycle as this chart shows. This is a far cry from Powell reiterating that the Fed wouldn’t raise rates until the end of 2023 at the earliest.
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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.
And yet, 10-year Treasury yields dropped like a rock after the employment report was released.
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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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One of the great books I’ve read about marketing is Positioning by Ries and Trout. It is considered a classic and one of the definitive books on the subject. The authors make the simple assertion that marketing is ultimately about accepting that perception is the reality.
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Last week’s CPI report sent shockwaves through bond markets. It came in extremely hot.
Other inflation indicators are running very hot as well.
Interest rates have gone up incredibly fast as investors fear a very hawkish Federal Reserve.
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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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