Blog Archives

You've Got To Leave it Behind

content Bono U2

I’m a subscriber to SiriusXM radio and I was pleasantly surprised to see that the new U2 channel went live recently. Once I started listening to it I found it hard to turn off. I was first introduced to the band during my sophomore year at UCLA.

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Get Inspired

Inspired

With July 4th having just passed I thought it would be inspiring to talk about inspiration. The United States is unique because it is a nation founded on inspired ideals versus population characteristics and geography. These ideals are centered around life, liberty, and the pursuit of happiness as well as the notion that all men are created equal.

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Who Would Have Thunk it?

COVID 19 in Texas

Texas becomes the first state to reimpose restrictions after lifting stay-at-home order April 30

I can’t say I’m surprised that states that had itchy trigger fingers to reopen (e.g. Texas, Arizona, Florida) are seeing a surge in new COVID-19 cases and a higher positivity rate among those tested. The following graph from the Wall Street Journal shows how the number of new cases is hitting a new peak after having come down.

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It's Time to Get Serious About Laughter

Gary Zoom Laughter

At the end of last week’s blog, I mentioned that I would be writing about laughter. I thought it was important to not stay on only one end of the spectrum despite these very turbulent times. A fascinating new interview with Bob Dylan came out last week and this caught my attention that I thought was very relevant to my pivot towards laughter for this blog.

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Wading into Turbulent Waters

Black Lives Matter equality for all

Turning and turning in the widening gyre   

The falcon cannot hear the falconer;

Things fall apart; the centre cannot hold;

Mere anarchy is loosed upon the world,

The blood-dimmed tide is loosed,

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Dr. Yama Akbari Current Research Funded by Roneet Carmell Memorial Endowment

Dr Yama Akbari Roneet Carmell Memorial Endowment Fund Update 2020

After Roneet’s passing, I wanted to channel my grief in ways that I could honor her memory and help contribute to bettering the world. I chose to back incredibly dynamic, bright, passionate, and innovative people with whom I had great respect that I thought Roneet would be proud of as well.

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COVID-19 and Lessons and Inspiration from Jacob

Jacob Carmell Gary Carmell

“Everyone takes the limits of his own vision for the limits of the world.”

Arthur Schopenhauer

The COVID-19 global lockdown is understandably very controversial because the cost has been staggering in terms of job losses and the psychological ramifications on so many people.

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The Positives of Being Negative

LIBOR Variable Interest Rates F

Ok, let’s get this out of the way first since this blog has a subliminal purpose of being a diary for major economic and financial milestones so this is one I can’t ignore.

April Unemployment Rate Rose to a Record 14.7 2020

Now to the subject at hand.

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Where Do We Go from Here?

stay at home

As states start to open up, economic activity will undoubtedly increase. The S&P 500 is up approximately 26% from its March 23rd low, perhaps suggesting the worst is behind us for now. Of course, the question on everyone’s mind is whether there will be a second wave as more people congregate at work,

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O(y) IL VEY

oil vey

Yet again we have witnessed something unprecedented. As the following two charts show, we have never had negative oil prices until last week. Oil has never been cheaper on an inflation-adjusted basis than it is today.

Cost of a barrel of oil in nominal terms 1870 - 2020

Cost of a barrel of oil in real USD terms 1870 - 2020

Source: Marketwatch

And while under “normal” circumstances this would be great for the consumer,

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