Well, I won’t back down
No, I won’t back down
You can stand me up at the gates of hell
But I won’t back down
No,
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Blog Archives
I Won't Back Down - Powell and Yellen versus Wall Street
by 
Gary Carmell
Posted in COVID 19, Economy, Housing, Interest Rates, Investing, News, Stock History, Stock Market
1 Comment ↓
Gary Carmell
Posted in COVID 19, Economy, Housing, Interest Rates, Investing, News, Stock History, Stock Market
1 Comment ↓
GamePop and the Lollapalooza Effect
Here is GameStop’s stock price chart for one month. Setting aside that it was up 62% for the time and day when I captured this screenshot, it’s up over six times during this one month period. And at its peak, it was up about 10 times!
Now let’s look at a three-month view and the meteoric rise can be put in more perspective.
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Change With Success...And a Potpourri of Topics
There is a reason behind the reason for this blog which will be revealed at the end. I will use a sleight of hand to talk about the importance of not resting on one’s laurels and using a growth mindset to keep changing even in the face of great success.
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COVID-19, Catch-22, Treasury-117
With over $6 trillion in global stock market losses in one week, it’s clear that investors have woken up to the real risk that the coronavirus is not contained, somewhat akin to the subprime crisis that Ben Bernanke famously said was and led to massive financial losses around the world.
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What Movie Are You Creating And Watching?
Scott Adams is someone I follow and I appreciate his insights about persuasion and human nature. He often says that everyone is living their own movie. They write the scripts and they have cast them with characters they have developed with personalities they have created for them.
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Economic Gain, Treasury Pain
by Gary Carmell
Posted in Economy, Investing, News, Stock History, Stock Market, Trends
No Comments ↓
Gary Carmell
Posted in Economy, Investing, News, Stock History, Stock Market, Trends
No Comments ↓
It’s been a brutal couple of weeks for Treasuries as the following headline from Bloomberg attests to on September 13th.
10-year yields bottomed on a closing basis on September 3rd at 1.47% and have shot back up to 1.90% as of September 13th.
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Ghosts of Inverted Yield Curve Past
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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Think Globally Act Locally
There has been some criticism of Fed chairman Powell as he has gone from saying this in early October 2018:
To telegraphing this on July 10th:
Those who are upset by his dovish turn are irked because they feel like he is kowtowing to the market and Trump who is forcing his hand despite record high stock market averages,
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Economic Tug of War
Are jobs a lagging indicator? That is the question as last week was a very ugly one in terms of the Apple announcement and other economic reports suggesting the global economy is slowing. At the same time, the jobs report was quite stellar as the economy produced a seasonally adjusted 312,000 jobs,
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Treasury Note Yield: Could I Be Wrong? A Humbling Week
Talk about a humbling week. Last week I was making the case that 3.11% on the 10-year Treasury note yield and possibly as high as 3.16% were the key levels that I did not think would be breached. This chart shows how wrong I was.
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