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Landmark Links August 10th – Reflection

 

One of the best things about taking a long vacation is the ability to take a step back from the day-to-day demands of life and take inventory of what you are doing well and what needs improvement.  I started writing Landmark Links on March 19, 2015 as a way to sharpen my writing skills, better retain and think critically about what I was reading and get more exposure for Landmark’s brand.  Considering the WTF section and some of the images, the approach could best be described as seeking to both inform and entertain.  Most of those early posts were no more than 400 – 600 words long.  They typically didn’t include a feature story and had brief descriptions of the articles that were being linked to. Putting it together twice a week was really not much of a time commitment and took very little away from my day-to-day activities.

Today’s post will be the 325th edition of Landmark Links.  I’ve written each and every word in every single one of those posts (excluding quoted material).  As time has gone on, the size of the posts has increased substantially as has the amount of time required to write them.  What once took less than an hour to compile now takes substantially longer due to writing lead stores and compiling the shear number of links provided in each edition.

After reflecting a bit on vacation, I’ve come to the conclusion that spending 4+ hours a week on two long blog posts is starting to take away from other things that I need to put more focus on professionally and personally.  I still love blogging and have no plans to stop.  However, I’m going to start experimenting with the format a bit on here to see what works best to reduce some of the time commitment.  For the time being, I’ll still do the linkfest every Tuesday and Thursday with occasional lead stories when a good topic for discussion comes up.  This may evolve into a longer post once a week or more short posts throughout the week but I’m really not sure at this point.  While the format may be a bit shorter, the goal as always will be to inform and entertain.  I can’t tell you how much I appreciate all of you taking some time out of your day to read these posts.  Now, on to number 325!

Economy

All About the Spread: Banks aren’t suffering much from the flattening yield curve because they haven’t passed higher short term interest rates on to depositors.

Help Wanted: The number of unfilled jobs in the United States is accelerating higher.

Commercial

Recycled: A new report from CCIM found that the adaptation of obsolete commercial properties for new uses as institutional-grade product is going to be more important than ever in the coming years.

Hanging In There: The Dodge Momentum Index – considered a leading indicator for new non-residential Commercial Real Estate investment increased in July.

Residential

Elevated: Despite a sharp recent decline, framing lumber prices are still up 20% year over year.

Dropping Like A Rock: The number of foreigners buying homes in the US is plunging and could portend a slump in high end markets.

Movin’ On Up: A glut of high end rental units in some cities has developers using apartment penthouses as lounge, pool and gym amenities rather than premium-priced units. However, the same trend has not occurred in the condo market.

Help Wanted: Despite high wages, young people still want nothing to do with construction jobs.

Profiles

Rigged: How an ex-cop fixed McDonald’s Monopoly game and stole millions.

Over-Reliance: The entire world economy runs on GPS and if it were to fail, we are basically screwed.

Wild West: Rising oil prices have led to increased production in Texas’ Permian Basin once again.  However, many of the well-paying jobs are in remote areas where there is little in the way of housing available.  This has led to a boom in man camps in West Texas.

Pump and Dump: I know this may come as a shock to many of you (end sarcasm here) but traders are routinely talking up thinly traded cryptocurrencies on message boards and then selling their positions in bulk.

Chart of the Day

file

Source: Bloomberg

WTF

Equal Opportunity: There is now a graffiti camp for girls that teaches them how to break into boys’ club of defacing other people’s property.  Someone please stop the ride.  I want to get off.

Bad Vibrations: A sex toy that was mistaken for a bomb managed to partially shut down an international airport because Germany.

Not From The Onion: A parasite in cat poop could reduce our fear of failure.

That’s A No For Me: Someone came up with a mayonnaise-flavored ice cream (because hipsters) and it sounds worse than putting pineapples on pizza.

Landmark Links – A candid look at the economy, real estate, and other things sometimes related.

Visit us at Landmarkcapitaladvisors.com