Einstein believed that the eighth wonder of the world was compound interest. The benefits of compounding are so powerful not only when it comes to money but also good habits. They build on each other through incremental gains and eventually, it snowballs into different forms of competitive advantage,
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This is going to be a short blog post, given my travel schedule last week. I have been talking for a while now about the narrowing yield curve and the prospects for it inverting. The 10-year Treasury finally went lower than the 3-month Treasury bill,
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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Uncategorized, Wealth
1 Comment ↓
I’ve been pleasantly surprised so far with regard to how well our rent collections have held up since the onset of COVID and the corresponding economic carnage. On average, we’ve been collecting across our portfolio about 98% of what we have billed.
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A couple of months ago I wrote about the unfolding energy challenges related to the sharp recovery out of Covid and the transition to renewable energy sources. The article talked about coal and how the demand for it has increased significantly while supply has dropped due to Covid and the utter disdain for it as an energy source due to its carbon emissions.
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Let us put men and women together
See which one is smarter
Some say men, but I say no
The women got the men like a puppet show
It ain’t me –
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A few weeks ago, I saw The Who in concert in Orange County. On a whim, I decided to see if tickets were available two days before the show, and sure enough, I could find some reasonably priced. It was the third time I had seen the band.
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I’m writing this sitting on a massage roller because I am dealing with some persistent hip and back pain. The unfortunate byproduct of this is that it has become very difficult to play tennis because each time I plant my left foot with any kind of force there is shooting pain is triggered in the left hip.
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Saturday marked the second anniversary of Roneet’s passing. In many ways, it’s still hard to believe. And yet, because of her passing and all of the adjustments that I have had to make, quite a bit has changed as well. Early on I said that I never intended to move on but to move forward.
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President Biden was caught on a hot mic when visiting Florida telling the mayor of Fort Myers that “No one Fs with a Biden.” As the tweet above shows, however, it appears that OPEC+ is doing just that. The question is, what will Biden do about it?
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I have had somewhat of a morbid fascination trying to ascertain the impact of sanctions on the Russian economy and everyday life. Information hasn’t been that easy to come by. The most public evidence that Russia has been holding up comes from still robust revenues from energy exports and the surprising strength of the ruble.
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