by Summary:
Before we know the answer to that there’s one thing we need to watch. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Before we know the answer to that there’s one thing we need to watch. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes What kind of ‘rigour’ do RCTs provide?
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Lars Pålsson Syll writes Nationalekonomiska Föreningens Årsmöte
| Before we know the answer to that there’s one thing we need to watch.  |
Mike … There are several good small caps still near all time lows… there's a lot more to the market that the indices and mag 7.
Not many. SP500 PE ratio isn’t primarily driven by mag 7
@@Robert-we6coyes many…
@@bobgio90 Mostly regional banks and energy. Nothing compelling IMO.
@@Robert-we6co STNE, SOFI, RSI, PARA, etc…..
Great work as always Mike! Looking forward to Monday's MMT Report for sure!
MMT zombies saved the day, buying the dip
Thanks for the updates, Mike. Looking forward to your assessment after June 3rd what you think the direction looks like.
Hey Mike can you talk about the yield curve? Why is it predictive?
It’s not. 😂😂
Yield curve shows IR/inflation expectations of the bond market participants, it can give an indication of coming slowdown or even recession risks but there is no reason to expect bond markets get it right, just look at recent shifts from expecting 6 rate cuts to a hike in 2024! Some doomers are now pointing at the Sahm rule (related to rate of change of unemployment claims) to suggest recession is coming, again I don't think it's sufficient.
Overall I wouldn't discount these indicators entirely, but you need to look at a lot lot more.
@@mikeydoggy Then why has it been so accurate in predicting recessions? It has a perfect tract record so far. Typically 15 months after inversions recessioms start.
❤👁
A little confused Nasdaq did not make a new high today. Bounce yes, new high no
June is when you really short
5:25 The S&P P/E ratio has been below historical lows for over 1.5 years. Why is it only now that you're mentioning it? Because it fits with your thesis that the market is over-valued? You may be right, but using P/E as supporting evidence seems like you're just using it to fit your bias. Personally, I think you're right to concentrate on fiscal flows.
This definitely needs to be addressed.
Mike is good at explaining fiscal follows, but the P/E seems a bit out of the left field.
Going by P/E ratio would have had you selling at Oct 2022 lows, not buying as Mike recommended based on the fiscal flows.
Hi Mike.
Great videos as always.
Could you please comment on the following.
Is it possible that the following two events could lead to a significant boost to liquidity in the markets and boost asset prices going into the election.
1. Fed to slow pace of Balance Sheet Run off starting in June
2. Proposed Housing reform in the Summer that will unlock a possible 1T in equity loans in the summer.
Filed by Freddy Mac with Federal Housing Finance Agency to enter the secondary mortgage market.
Any comments apprecitated.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing….
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit