The following was one of the headlines on Marketwatch.com on May 5, 2014:
10-year Treasury yield hits lowest of year
U.S. government debt extends last week’s rally
This was after a strong jobs report on May 2,
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Blog Archives
The Average Investor vs. The Professional - Results May Surprise You
Anyone who invests is well aware of average returns that are published over the years for various types of indices. These include, but are in no way limited to, the S&P 500, Wilshire 5000, NASDAQ, Emerging Markets, Bonds (short-term and long-term, corporates and government), and various industry sectors (e.g.
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Inflation - Temporary Peak or Just Starting?
Inflation is clearly one of the hottest topics for investors in particular and society more generally as the following chart shows. Core inflation has not moved commensurately with the exploding interest in the topic.
The following charts show why inflation is such a hot topic.
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Get A Grip
33 days after my heart surgery I resumed playing tennis. Of course, it was not at the same level or intensity as it was prior to my surgery but it was great to get back on the court nonetheless.
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Healthy Ecosystems and the Philosophical Investor
The ecosystem and nature are fascinating to me. What I find so interesting is how systematic and interconnected it is and how species and ecosystems evolve. I naturally (pun intended) wanted to see if there were any lessons that could be applied to investment firms like CWS (and ourselves individually) from the characteristics of healthy ecosystems.
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Lumbering in Pain
Although CWS is largely an owner/operator of apartment communities, we have been developing new communities for over 25 years. Approximately 15% of our portfolio consists of properties we have developed. Given the large amount of capital looking to own apartments and the compression in cap rates,
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A Muddled Approach to Guesstimating Libor's Next Peak
by 
Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Stock Market, Wealth
No Comments ↓
Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Stock Market, Wealth
No Comments ↓
Although I’m in the camp that the Fed will stick to its word and not raise short-term interest rates until after 2023 at the earliest, the market is betting differently. Rather than focusing on when the Fed will start raising rates, let’s assume that they will.
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Sayonara Bonds
The first quarter was incredibly ugly for bond investors, particularly those with exposure to longer-maturity ones. Bond investors were not happy as Treasuries generated the worst quarterly return since 1980.
So who were the big sellers of Treasuries?
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Stuck Ships and Chips
by Gary Carmell
Posted in Apartments, COVID 19, Economy, Housing, Interest Rates, Investing, News, Wealth
2 Comments ↓
Gary Carmell
Posted in Apartments, COVID 19, Economy, Housing, Interest Rates, Investing, News, Wealth
2 Comments ↓
[UPDATE] 3:00 PM Egypt – 6 AM PST the Ever Given was refloated and is on the move again. Credit is given to the full moon bringing the spring higher tides, 14 tug boats, and the 27,000 meters of sand removed. The following was written prior to this news.
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Some Like it Hot (Including Homeowners)
I remember reading about how Peter Drucker knew to leave Germany after Hitler came to power. He said it was simple. He read Mein Kampf and took Hitler at his word. Since he was Jewish he had to assume he was a target and he determined that the risk of emigrating was far less than the risk of staying.
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