Blog Archives

Tennis May Have Saved My Life

Tennis saved my life

Over the past year or so I’ve been writing a lot about tennis and how it has taken on greater importance as it has enriched my life in many areas. It has improved my health, particularly my endurance, it’s been a catalyst for creating new relationships,

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The Fed's New Inaction Function

Federal Reserve inaction

Fed Approves Shift on Inflation Goal

Federal Reserve Chairman Jay Powell officially altered the Fed’s reaction function during his virtual speech given for the annual Jackson Hole conference. More accurately he articulated its inaction function. Rather than being trigger happy to tighten monetary policy and raise interest rates as inflation reaches 2%,

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Change With Success...And a Potpourri of Topics

Change with Success

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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The Enemy of My Enemy Is my Friend

Israel UAE Peace

Last week I discussed the horrific explosion in Beirut. This week I’m staying in the Middle East and will focus on the big news that Israel and the United Arab Emirates have agreed to establish formal diplomatic relations. And while there were many indications over the last couple of years that the two countries were not only starting to cooperate but developing ever closer relations,

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Trauma and Growth: Imperfect Information and Uncertainty

Trauma

Successful investing requires so much emotional and psychological fortitude. The analytical part is oftentimes the easiest aspect. Managing ourselves is what is typically most challenging. We are triggered by fear and greed and traumas of past mistakes that can lead to suboptimal outcomes. For this reason,

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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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Interest Rates: Lower for How Much Longer?

variable interest rates

“We’re not thinking about raising rates — 

we’re not even thinking about thinking about raising rates,” 

Jerome Powell during 6/10/20 press conference

With interest rates at record lows, this is a time when many people are strongly considering locking in long-term,

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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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