Mike Norman Economics

If you were ever going to be a contrarian now is the time!

[embedded content]RKR Moskva and Sitrep On The RunAndrei Martyanov, former USSR naval officer and expert on Russian military and naval issues. Martyanov was born in Baku, USSR in 1963. He graduated from the Kirov Naval Red Banner Academy and served as an officer on the ships and staff position of Soviet Coast Guard through 1990. He took part in the events in the Caucasus which led to the collapse of the Soviet Union. In mid-1990s he moved to the United States where he currently works as...

I always worried that this could happen or worse.

You often here analyst and commentators talking about liquidity but their understanding of it is wrong. Here is what makes up liquidity. 

I understand the selling. It's fear and emotion. However, I also see strong supportive factors.

I had a friend who was a gifted S&P trader. I once asked him how he did it. He said, he tries to think of what would cause the most pain to other traders, and he did that.

Fed policy will lead to much stronger earnings for the banks.

For every action there is a reaction. There's two f*cking sides to a balance sheet!

Same behavior over and over again. Like Pavlov's dogs.

Moon of AlabamaIf The Pentagon Can Not Confirm The Bucha Tales, Who Can?https://www.moonofalabama.org/2022/04/if-the-pentagon-can-not-confirm-the-bucha-tales-who-can.htmlThe Vineyard of the Saker Press Briefing by Permanent Representative Vassily Nebenzia on the situation in the town of Bucha (Kiev Region) and related mattersThe Sakerhttp://thesaker.is/press-briefing-by-permanent-representative-vassily-nebenzia-on-the-situation-in-the-town-of-bucha-kiev-region-and-related-matters/Dreizin...