Gary Carmell
There’s no question now that the Federal Reserve is in full hawkish mode. The release last week of the minutes of the previous FOMC meeting left no doubt that they are on an aggressive path to squelch inflation through demand destruction and tightening financial conditions.
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Gary Carmell
There’s nothing like a challenge to focus one’s mind, attention, and organization of one’s life to meet that challenge. I was playing doubles last Tuesday night and right before the match, I received a text from someone who I play singles with fairly regularly.
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Gary Carmell
I had the distinct pleasure to once again attend the last three days of the BNP Paribas tennis tournament at Indian Wells. I purchased tickets for the quarterfinals, semi-finals, and finals for both men and women for singles and doubles. I love to observe the players in action to study how they approach their craft and adapt to different situations,
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Gary Carmell
The Fed finally raised short-term interest rates last week. The market is expecting a very fast and steep rate hike cycle as this chart shows. This is a far cry from Powell reiterating that the Fed wouldn’t raise rates until the end of 2023 at the earliest.
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Gary Carmell
I often wonder what he is feeling
Has he ever heard a word I’ve said?
Look at him in the mirror dreaming
What is happening in his head?
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Gary Carmell
I think the following headline juxtaposed with the graph below summarizes the incredible tension facing the U.S. economy. On the one hand, we have a very robust labor market producing a large number of jobs.
And yet, 10-year Treasury yields dropped like a rock after the employment report was released.
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Gary Carmell
This post is going to fall under the category of fake it until you make it. I am going to pretend like I have some special insights into Russia and its actions vis-à-vis Ukraine because I was a political science major, I took classes in Russian history,
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Gary Carmell
I’m going to get on my soapbox for this post. I was talking to a friend who was picking my brain about banking relationships as he was thinking about switching banks for his business and he wanted to know about the one I use.
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Gary Carmell
One of the great books I’ve read about marketing is Positioning by Ries and Trout. It is considered a classic and one of the definitive books on the subject. The authors make the simple assertion that marketing is ultimately about accepting that perception is the reality.
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Gary Carmell
Last week’s CPI report sent shockwaves through bond markets. It came in extremely hot.
Other inflation indicators are running very hot as well.
Interest rates have gone up incredibly fast as investors fear a very hawkish Federal Reserve.
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