The Fed blinked and acknowledged that inflation may not be transitory. When combined with its perception that the labor market is on the way to being healed, Jerome Powell has moved up the Fed’s estimate of the first rate hike by more than a year.
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Blog Archives
It's Getting Interesting
by 
Gary Carmell
Posted in COVID 19, Economy, Interest Rates, Market Bubbles, Uncategorized, Wealth
2 Comments ↓
Gary Carmell
Posted in COVID 19, Economy, Interest Rates, Market Bubbles, Uncategorized, Wealth
2 Comments ↓
Nu Cases and A London Travel Log
With the Omicron variant, originally called Nu, capturing global headlines and concern that it is so different from other variants due to the number of mutations it possesses, there is deep concern that the global economy will go back into lockdown mode.
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Cats in London (Not the Play)
by Gary Carmell
Posted in Apartments, COVID 19, Economy, Investing, Personal, Travel, Uncategorized
No Comments ↓
Gary Carmell
Posted in Apartments, COVID 19, Economy, Investing, Personal, Travel, Uncategorized
No Comments ↓
I was in London last week for my first international trip since March 2020. It was nice to be overseas again. Given time constraints I will target sharing more of a pictorial journey of my trip after I get back. I like keeping a travel log via this blog as it can serve as a diary of my excursions around the world and gives me a place I can return to if I want to revisit some of those trips.
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Supply Chain Woes - An On The Ground Perspective
Our supply chain debacle is front and center for virtually every person in the U.S. in one way or another. This chart is fascinating to me in that orders are now about 5% above previous cycle peaks.
And yet,
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A Graphical Extravaganza with a Little Hemingway Thrown in
I thought I would return to a post focusing on charts that I found compelling this past week. The Fed is now telegraphing an imminent slowdown of its purchases of Treasuries and mortgage-backed securities. The reaction of bond investors led to a narrowing of the yield curve.
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Energy Crunch - The Co(a)ld Hard Facts and Opportunities
One can see that natural gas has gained the most market share of the world energy supply between 1973-2019. Oil’s share has dropped quite significantly during this same time frame. With that being said the second chart shows that it has still grown materially but not nearly as much as natural gas and nuclear.
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Soar with your Strengths, Not your Passions: More Advice for your Kids
A few years ago I did 23andMe. I was not only curious about my ancestry but what medical risks might be present based on my DNA. Fortunately, I don’t appear to be predisposed to any serious ailments. Over the course of its many years in business,
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Afghan Realities and Applications to Planning
One of the reasons I am such a big fan of Charlie Munger is that he is ruthlessly realistic. He and Warren Buffett believe that the key to Berkshire Hathaway’s incredible success is that they are built for rationality.
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Back to the Future
At the depths of the Great Recession in 2008 and 2009, it was nearly impossible to determine what the right valuation metric was to value apartment investments. Fear was pervasive, people didn’t know if Net Operating Incomes (NOIs) were going to fall off a cliff, lenders were very conservative,
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What Is Top of Mind? Housing or Inflation?
The answer? See for yourself, is it inflation or housing or both?
If Google Trends are any indication then inflation has been a top-of-mind topic.
CPI – Consumer Price Index
This is not surprising as one has to be a survivalist living far away from civilization and fully self-sufficient to have not been impacted by rising prices and slower delivery and service times.
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