Gary Carmell
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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Gary CarmellA lot of people have become quite successful from a career and financial perspective by seeming to always have a chip on their shoulder. There was some slight, insecurity, or need for total dominance that feeds the creation of enemies to fuel their drive and success. I have been listening to Michael Ovitz’s autobiography on Audible and this was clearly the case for him as his goal at CAA was total domination of the agency industry.
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Gary Carmell
Sometimes the answers are available to us if we just pay attention and think more expansively to connect the dots. I watched the new Bob Dylan documentary about his 1975 tour called Rolling Thunder Revue.
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Gary Carmell 
Last week my daughter and I went to see the Improvised Shakespeare Company in Los Angeles. Wow, what a mind-blowing experience that was. It was extraordinary to see the four actors take an idea thrown out to them by the audience and turn it into a 90 minute Shakespeare play.
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Gary Carmell 
From time to time Ariella and I engage in some very deep conversations which I always find so enjoyable and stimulating. In light of these interesting discussions, she thought we should consider having a podcast and call it Pop Philosophy. Maybe this will launch a new category called popcasts.
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Gary Carmell
As the following headline shows, interest rates fell quite sharply on Friday to current cycle lows in the wake of a very weak non-farm employment report.
One can see how inverted the 10-year Treasury note yield has become versus the 3-month T-bill yield in the following chart.
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Gary Carmell
I read a very interesting theory about Donald Trump‘s master strategy when it comes to the trade war with China. Trump believes that he can win a trade war, but he can’t do it alone. He sees that the Chinese are reacting with an aggressive fiscal and monetary stimulus to counter the negative impact of the trade war on their economy and believes the United States needs to do the same.
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Gary CarmellThe following are the remarks I gave at the inaugural lecture that was held at the University of California, Irvine on May 23rd, 2019.
I want to thank you for coming out tonight for this event. It really means a lot to me as this is such a personal cause.
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Gary Carmell
The following is a recap of my tribute to Roneet delivered at Pardes Institute of Jewish Studies, May 2019
May 7, 2019, would have been my 30th anniversary with Roneet. We met towards the tail end of her senior year at UCLA.
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Gary Carmell
I spent last week in Israel and it was a fascinating time to be there. It’s always interesting, but it was particularly so this time due to the significant escalation of hostilities in the south of the country as well as that it was coinciding with Israel’s Memorial and Independence Days (no accident I’m sure).
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