by Summary:
Ignorance is a gift. To us. 
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Mike Norman considers the following as important:
This could be interesting, too:
Ignorance is a gift. To us. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
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| Ignorance is a gift. To us.  |
Another great lesson Mike. We really appreciate you.
I'm favoured $30k every 8 weeks! I now have a good house and can afford anything and also support my family
How please
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
I'm not here to converse for her but to testify just for what I'm sure of, she's trustworthy and best option ever seen.
Does she really adhere? Or is it just part of the plan..
Hello from UK from my point of view now is definitely NOT the time to do any kind of austerity! Do you really want recession to UK how that's going to help post brexit Briittain,
Dear Mike. I am a degenerate who looks at the yield curve. I am sorry =P. I have watched you for a long time, and I love your work even if you don't reply to my emails, haha. However, is it not valid when the Fed raises interest rates, which initially affects short-term rates and, in turn, inverts the yield curve due to fast rising in the short term? I always understood that recession comes after it is uninverted, like most of the time. I will post the link soon. However, my question is that the yield curve agrees with you since it begins to uninvent or steepen when the Fed starts to drop rates, which lowers the monetary giving or adds to the nongovernment, which usually signals a recession in the making by the government because they reduced their giving or spending to the nongovernment.
fed 10 year minus the 2 year spread
https://fred.stlouisfed.org/series/T10Y2Y
this one is a treat =P
https://www.conference-board.org/topics/us-leading-indicators
Fed unemployment rate seems to curve up
https://fred.stlouisfed.org/series/UNRATE
Federal fund effective rate usually signals a recession when they drop, which is what you explain
https://fred.stlouisfed.org/series/FEDFUNDS
I seek education and knowledge =P and a beating if necessary haha.
We don't have a $35 Trillion national debt. We have $35 Trillion in bond sales. If you are insistent on getting rid of that, stop selling bonds. Each year it will go down until it's gone and it won't have any affect on the ability of the government to spend.
@tomcop668 no.we had $143 trillion in bonds issuances in FY23 most were rolled over. Debt added to deficit FY23 $1,7 trn paid for in full
$143 DEBT ISSUANCES
$140 REDEMPTIONS
Apprix $120 rolled over.
$20trn withdrawn to pay for maturing debt $18trn & $1,7trn deficit & interest
You know the markers , i watch your channel for a gobal pespective . Keep it coming….
Amen brother
Thanks for the updates, Mike. I'll be accumulating some MSFT on sale tomorrow.
scooped up that $MSFT when it went on sale early after hours. already nearly recovered at least by the 8p close
Anti austerity but a republican 🤔
It is not stupidity in my opinion but the real intention to create economic recession in Britain or wherever , it makes the population accept reform that wouldn't otherwise. They are not stupid or uneducated in economics, they are devil and they do not care of family, or kids if they suffer because their intentionally economics criminal policy decisions.
Take their money – is a very good name for your channel Mike 😊😊😊😊😊😊😊
I think Rachael Reeves should watch finding the money.
Low cost index fund is the best asset to accumulate
Austerity after spending and issuing insanely, literally printing money trhough deficit… This is why people are suffering, inflation while not having a fully socialized economy.
Amalgamation of capitalism… crony capitalism.
Great job Mike!
Confusing. You’re describing an environment that would imply a correction in the market and slowing in the economy w possible yet you’re buying falling stocks? Trying to understand
Like Mike said, when economy falls, doesn't mean every sector falls. Some sectors rise. I.e when rates rises, it helps big banks but hurt small ones. He analyzes and buy the sector which will have positive impact. One has to watch his vids and form a decent picture before one understands what Mike is talking about
@@zaiks0105 yes he said he bought MSFT for example and other large cap tech
Austerity is a sadistic economic measure.
Mike … you been mentioning austerity for a long time. If more of so called leaders listened to you, their country and the world would be a better place. Believe it or not, YOU helped save the US to a degree