Housing Archives - Page 3 of 8

Blog Archives

From Housing to Labor and Back Again

Last Updated December 18, 2022 by by

Gary Carmell Posted in Apartments, COVID 19, Economy, Housing, Interest Rates, Labor, News, Real Estate No Comments ↓

I think this chart is what keeps Jay Powell up at night. If he were convinced beyond a reasonable doubt that we were still in the same low inflation regime that had been present for decades prior to Covid,

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The Power of Concentration What You Need to Know

Last Updated November 25, 2022 by by

Gary Carmell Posted in Apartments, Economy, Housing, Interest Rates, Investing, News, Retirement No Comments ↓

Warren Buffett’s 2014 Letter to Investors – The Power of Concentration

Warren Buffett’s Berkshire Hathaway’s stock price exceeded $200,000 per share for the first time in August 2014. The company was the world’s fifth most highly valued corporation in 2014 and dropped in 2022 to 6th place. The stock was propelled higher by record earnings (August 1,

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Seeking Shelter from Shelter

Last Updated November 13, 2022 by by

Gary Carmell Posted in Economy, Housing, Interest Rates 1 Comment ↓

Last Thursday was an incredible day for virtually all markets. That is when the CPI report was released, and inflation came in a bit lighter than expected which in turn lit a fire under the bond and stock markets. The NASDAQ was up by more than 7%,

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Powell's Conundrum: Demand and Supply

Last Updated August 28, 2022 by by

Gary Carmell Posted in Economy, Housing, Labor, Manufacturing, Real Estate, Stock Market 1 Comment ↓

In my 35 years working at CWS and the years before that in college, when I first started taking economics classes, the most common term to find the equilibrium to determine optimal price has been “supply and demand.” I have also come to learn that words matter,

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Labor, Housing, and Fed Policy

Last Updated August 21, 2022 by by

Gary Carmell Posted in COVID 19, Economy, Housing, Labor No Comments ↓

It’s becoming even more clear that in order to stifle inflation, the Fed is going to have to induce a recession.

The following chart shows that it takes a recession to stamp out inflation or bring it down even more,

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China Syndrome

Last Updated July 24, 2022 by by

Gary Carmell Posted in Economy, Housing, Interest Rates, Investing, News, Real Estate No Comments ↓

The evidence seems to be increasingly persuasive that economic growth is slowing materially. This is from the Economic Cycle Research Institute, which has a good track record of identifying turns in the business cycle. Its Weekly Leading Index is clearly showing a negative growth rate.

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Passing the Baton

Last Updated June 8, 2022 by by

Gary Carmell Posted in Economy, Housing, News 2 Comments ↓

I was going to do a bit of a travelogue from my trip to London but one vital lesson I have come to learn in life is the importance and power of commitments. When one makes a commitment then it often requires preparation to honor that commitment.

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Housing Economic Dependency: A Tale of Two Countries

Last Updated May 30, 2022 by by

Gary Carmell Posted in Apartments, COVID 19, Economy, Housing, News, Real Estate No Comments ↓

I have always been fascinated by economic cycles. What I have learned over the years is that financial excesses that reverse into fear and revulsion are often catalysts for economic downturns. Real estate, commercial and/or residential, are often culprits because they are assets that can be leveraged which can magnify returns as well as often being influenced by tax advantages which can stimulate demand beyond its longer-term trend.

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Off Target

Last Updated May 22, 2022 by by

Gary Carmell Posted in Apartments, COVID 19, Economy, Housing, Interest Rates, News, Stock Market No Comments ↓

Last week was brutal for retailers as major earnings announcements showed how they have been hit very hard by huge cost increases. Wal-Mart started the week off shocking the market with its very weak earnings outlook and then there was Target.