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This rally is confounding many

Summary:
Between interest rates inflation war sanctions the bearish cohort cannot understand why this market keeps going up.

Topics:
Mike Norman considers the following as important:

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Between interest rates inflation war sanctions the bearish cohort cannot understand why this market keeps going up.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

10 comments

  1. i never paid attn to volume

  2. Mike you are always right. The gold bugs are dying for a recession Lol They can't figure it out

  3. It’s crazy to me that these people think they can control the world economy with interest rates.

  4. You’re a legend Mikey. Thank you for all your hard work and daily updates.

  5. 😅😅😂🤣

  6. Count von Count counting," one basis point. 2 basis point"

  7. It's the most hated bull rally

  8. Bear market rally? Nah. This is a bull market and that was a missed buying opportunity.

  9. yield inversions pain will come get the gains while you can but get out when the signal rings

  10. I think you are ignoring major news – 
    The strength in the Ruble is a result of Russia's demand of Gold for Oil/Gas, the end result will be the end of the US dollar a Reserve currency…BOOM!

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