Mike Norman Economics
Quarterly interest payments are typically temporary peaks in the fiscal flows.
Read More »$100 bln flow day yesterday but market stalled. Here’s why.
Today was the peak in fiscal flows. What does that mean for the market?
Fiscal flows are everything. Pay attention to these quarterly trends. 
Read More »Monetarists get crushed. Michael Burry gets buried.
I can’t say I was surprised.
Read More »Will fiscal flows peak this week and take the market lower?
November has been exceedingly strong for flows. This may carry the market through until mid December. 
Read More »Market snaps right back as I told you it would.
Fade the monetarist zombies every time.
Read More »Schizo monetarist zombie reach new heights of schizophrenia.
Historic changes in sentiment, only to turn around and go the other way on powell’s comments. 
Read More »$240 bln of Treasury security issuance yesterday. Yawn. 
Where was Dalio, Gundlach, Paul, Tudor Jones? 
Read More »Explaining government spending
Government must spend, otherwise, we would all be in trouble. 
Read More »Fiscal flows look even better than I thought.
The market could sail through, bullish, all the way until December 15. 
Read More »Look out. The monetarist zombies have yet to cover their shorts.
We’re in the early stages of a major change in market psychology that will produce a large advance. 
Read More »