Mike Norman Economics

All the bullish pieces for the market are in place. Just waiting on the Senate now.

I usually use Wednesday to write less here. But because sometimes a data release is on Wednesday, Thursday then becomes my lighter day. And I also have to travel a lot today. But there is a relatively important issue to address. I have been receiving a lot of E-mails over the last several months that question me about my position on government restrictions with respect to the Covid pandemic. Apparently, it has seeped into the debate that the mainstream Left have been silent while governments...

IrrussianalityThe Russians Shall Not Have Constantinople!Paul Robinson | Professor, Graduate School of Public and International Affairs at the University of Ottawahttps://irrussianality.wordpress.com/2021/12/01/the-russians-shall-not-have-constantinople/Reminiscence of the FutureAh, The Power Of The Written Word.Andrei Martyanov, expert on Russian military and naval issues.http://smoothiex12.blogspot.com/2021/11/ah-power-of-written-word.htmlIndia PunchlineRussia, China poised to forge...

Combined with the growing possibility of a government shutdown on Friday. All three are a bad combination.

Today (December 1, 2021), the Australian Bureau of Statistics released the latest – Australian National Accounts: National Income, Expenditure and Product, September 2021 – which shows that the Australian economy contracted 1.9 per cent in the September-quarter. The annual growth rate of 3.9 per cent is relatively meaningless given the base was severely affected by the lockdowns last year. The decline in economic activity was driven by private demand, which contracted by 2.4 percentage...

Looks like “DEflation!” is not transitory…. ?Crude down 20% in 3 days.This must be the commodity supercycle I've been hearing so much about.— Travis (@coloradotravis) November 30, 2021 Mike covers today’s Fed moron’s policy shift to “non transitory!” from Powell on the EXACT DAY it became transitory… could not have timed it WORSE!….  funny…[embedded content]

On a day when it was never more clear that inflation was indeed transitory, Powell says he no longer believes it's transitory. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Beijing leadership hopes data trading will propel the Fourth Industrial Revolution…The Exchange was a part of China’s “fintech infrastructure” that would focus on the cultivation of a data transactions market to unleash the value of data as a factor of production, said Beijing Deputy Mayor Yin Yong. The exchange would build an innovative transaction ecosystem by bringing together multiple parties including data source providers, algorithm participants, site participants, technical support...

Craig Murray, the former British diplomat, was sentenced to 8 months in prison for contempt of court during the 2020 trial of former Scottish first minister Alex Salmond. CounterpunchCraig Murray Is a Free ManJoe Lauriahttps://consortiumnews.com/2021/11/30/craig-murray-is-a-free-man/

These unsubstantiated releases claiming Malone is going to somehow now clean house at CNN are complete bullshit by DISCA bagholders… When John Malone speaks people listen.Why?Well he owns a huge chunk of your company's shares&when he makes a suggestion you better listen to him or be out. CNN's days in the left lane may be slowing down&or be @ a end.Hint to DJT:buy same # of Twitter & FB shares https://t.co/XHWZ0ZNIxs— Andrew Wong (@ayankeeoriginal) November 23, 2021