The tariff debate and controversy seems to be escalating and has been leading to tremendous stock market volatility. Whenever there is such a heated topic that catalyzes strong emotions I like to take a step back and find ways to drown out the cacophony. One of the ways I do this is to ignore today and look to history to see what I can learn from the past.
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“It did not really matter what we expected from life, but rather what life expected from us. We need to stop asking about the meaning of life, and instead to think of ourselves as those, who were being questioned by life-daily and hourly. Our answer must consist,
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I recently returned from a vacation that took me to 10 countries in Africa and Asia. Over the next few weeks, I will write about some of my observations and lessons learned from such an interesting and educational adventure.
For this week,
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As property values have escalated greatly in major cities, particularly with a tech orientation, I ask myself if secondary markets make more sense as the cost of living is cheaper and yields are initially higher. The tradeoff historically has been far less growth potential and lower appreciation.
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I am an avid reader and always on the lookout for interesting information and trends that might spark some kind of insight with regard to economic, financial, or societal trends. I thought I would share a few graphics that caught my attention recently. These are in no particular order.
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Gary Carmell
Posted in Advice, Market Bubbles, News, Stock History, Trends, Uncategorized, Wealth
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With the subprime-induced global financial meltdown of 2008 and 2009, along with the dotcom implosion in the early 2000s resulting in the NASDAQ dropping by approximately 80%, it’s not surprising that most investors are constantly on guard against the bursting of bubbles and crashes ensuing. If one takes a step back,
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Chinese Lending Practices
I am reading with some fascination the incredible excesses that have been taking place in China with regard to terrible lending practices and widespread fraud. The unregulated banking system is clearly running amuck in China. Here is a very interesting link from Mish’s Global Economic Trends highlighting the massive problems unfolding with regard to loan guarantees not to being honored.
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When one thinks of disruptors it’s not surprising to think of modern tech titans like Jeff Bezos, Mark Zuckerberg, Reed Hastings, Peter Thiel, Bill Gates, Marc Benioff, Steve Jobs, Larry Page, etc. I was reading an interview with the great American writer Philip Roth in the New York Times and he referenced books that he has recently read and what triggered his interest in them.
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Trite generalizations have been able to have longevity because there is enough truth in them to have proven wise and insightful. One of them is that markets go up like an escalator and drop like an elevator. Last week was a perfect example of this.
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Gary Carmell
Posted in Apartments, Economy, Housing, Investing, Manufacturing, News
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[2018 UPDATE ] The Dallas Fed released its Texas Manufacturing Outlook Survey, January 29, 2018. The data was collected Jan. 16–24, and 97 Texas manufacturers responded to the survey. As you can see the business indicators in Texas remain strong as following chart shows:
Note the highlighted section showing that every indicator is “increasing”.
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