Summary:
Spending is at record levels, but the economy is partially closed and there are bottlenecks. So, inflation pressures could rise. However, there's one powerful thing mitigating all this. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
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Mike Norman considers the following as important:
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Spending is at record levels, but the economy is partially closed and there are bottlenecks. So, inflation pressures could rise. However, there's one powerful thing mitigating all this. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Milei’s Psycho Shock Therapy
Bill Haskell writes Population Growth Outcomes
Robert Vienneau writes Books After Marx
Joel Eissenberg writes Undocumented labor: solutions, not scapegoating
Spending is at record levels, but the economy is partially closed and there are bottlenecks. So, inflation pressures could rise. However, there's one powerful thing mitigating all this. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 |
It hasn’t happened…yet.
Time travel? No… inversion.
When was the last correction anyway?
June, I was watching him the day before and he said a correction is possible then the next day, it did happen.
No comment on today's fed minutes? USD went up and gold, silver and the s&p sold after that. Confused me as to why ?
Deep deflation coming
@Just a middle aged bloke and how are you doing financially, much cash in the bank or anything else to your name?
Anyone with eyes to see, can see that inflation is not only here, but is accelerating.
Deep deflation coming
@Just a middle aged bloke And you invested heavily in March, must be very smart? show me proof
@Just a middle aged bloke Don't worry, you already sound like a wanker ?
@Just a middle aged bloke I can understand where the frustration comes from.
I envy you Mike for that sexy governor of yours. Yes it is the brain dead Cuomo who thinks he is a movie star reporting daily on this nonsense Corona with 98% survival rate…….shame.
Asking for a friend … are you having waffles for breakfast tomorrow?
Great Podcast Mike!
Hey Mike, at what point does the wealth gap matter to the markets? Will it ever?
When they stop counting all the people who haven't found work as no longer unemployed, the jobs numbers are going to be better than expected for a long time. Right?
There's is no V shaped recovery when I leave the house. Anyone else?