With the Thanksgiving holiday last week, I thought it would be appropriate to focus this week’s blog post on something I am deeply grateful for. My source of gratitude was coincidentally triggered when listening to a podcast about the Grateful Dead. Definitely, the right band when thinking about gratitude.
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Gary Carmell
Posted in Advice, Books, Economy, Investing, News, People, Uncategorized, Wealth
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I recently read Andrew Carnegie’s autobiography and found it so compelling that I’m going to focus the next few blog posts on some areas of insight and wisdom that I think all investors, business people, and wealthy individuals, in general, could benefit from.
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This is my final installment about Lee Kuan Yew. There is still a lot I haven’t touched upon but three weeks have been a sufficient amount of time to devote to some of the most important lessons learned from Lee.
Ethical Leadership
One of CWS’ core values is “Ethical dealings are paramount.” It’s not only the right way to act but it’s also good business.
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This blog post was inspired by one recently written by Dilbert creator Scott Adams. He is such a brilliant guy and was so right about Trump that I will forever hold him in the highest of esteem.
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First of all, kudos to the tremendous participation among Americans in the electoral process. This election galvanized Americans into participating in the democratic process. Love or hate Trump; there is no question that he is a catalyst for stirring emotions and action.
It was fascinating to see how markets reacted as information was released related to the election.
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The following chart shows that people are the most comfortable returning to work within a month or less as compared to other activities. The percentage is 65% so there is still a substantial minority who are still concerned about returning to their previous work environment.
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Gary Carmell
Posted in Economy, News, People, Personal, Stock Market, Uncategorized, Wealth
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With China having gotten a lot of heat for Covid-19 I thought I would end this post with advice that I think one of its great philosophers would have given had he been alive today. Confucius lived between 551-479 B.C. According to Wikipedia,
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Gary Carmell
Posted in Economy, Interest Rates, Investing, Trends, Uncategorized, Wealth
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Fiscal stimulus has now started to contract while the Fed’s monetary support for the economy has tightened quite significantly over the last three months. See what the following charts show:
The following is from The Washington Post and shows how significant the support for the unemployed has been and how it will drop materially if no stimulus package is passed.
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A couple of weeks ago, I had the pleasure of traveling to Alaska for a small CWS planning meeting on a private boat. To enter Alaska without being quarantined, one had to prove he or she tested negative for COVID, which fortunately I did.
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Last week was a crazy week preparing for rent collections this week as well as going through in great detail the safety precautions we are taking to do our best to keep our employees and residents safe. That is why this blog is shorter than normal.
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