I’m not one to typically advocate following the herd but in the case of the coronavirus, I am having a hard time seeing an end game that doesn’t have herd immunity as the ultimate goal. And this could take a long time and lead to a lengthier economic contraction (to put it mildly) and even more massive federal intervention through government spending and Federal Reserve support of financial markets.
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And all the roads we have to walk are winding
And all the lights that lead us there are blinding
-Wonderwall by Noel Gallagher (for Oasis)
I saw a double bill of Noel Gallagher (formerly of Oasis) and Smashing Pumpkins last week.
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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Stock History, Uncategorized
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Most real estate investors deploy their capital in this asset class because of the income it can generate. This is very much the case for those investing with CWS. Since 1991 CWS has sold 79 properties**. Approximately half the return has come from dividends and the other half from appreciation*.
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A friend of mine and I went to a local bar that we very much enjoy frequenting because it is set up in a way to foster connection and conversation between the patrons. It has a living room type configuration with couches and very comfortable chairs in which there is the opportunity to sit across from people and be close to them in a very informal and fun social setting.
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[Originally Published October 20, 2014] There is sure a lot going on in the world and the headlines are not pretty causing many to worry. As a lover of great music and particularly poetic, moving, and interesting song lyrics, I like to use songs from time to time to help bring insight,
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Texas is at the epicenter of the fracking boom and an increase in domestic oil production as the following chart shows:
With domestic production up, imports have dropped quite a bit as these charts from FT Alphaville show:
According to the Carpe Diem Blog:
More than one-third of the state’s increase in oil output over the last three years has come from the Eagle Ford Shale oil field in South-central Texas,
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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, People, Stock Market
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The title of this blog is from the Talking Heads song Life During Wartime. Maybe I should have called it Life During Quarantine instead but we are definitely on a wartime footing. If you don’t think so then maybe these charts might help convince you as financial markets are the most real-time indicator of investor sentiment and discounting the future to ascertain how investors react to key events.
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My international travels were scheduled to come to an end yesterday. I’m writing this prior to my arrival and assuming that there will be no delays in my return. It was a packed adventure that ended in Israel after visiting Dubai, Abu Dhabi, and Zambia via Lusaka,
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We’ve talked a lot about the advent of the Renter Nation at CWS for a number of years. When the housing bubble was in full force we used to say that people were renters but they didn’t know it because they had no equity in their homes due to the very aggressive financing that was available at the time.
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I spent six days in Japan, in 2014, visiting Tokyo, Kyoto, and Hiroshima. I went to Sumo wrestling, a 430-year-old restaurant, toured some beautiful temples and gardens, visited the peace park in Hiroshima, and of course, I did some karaoke. The Japanese are extremely service oriented and show great attention to detail.
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