Mike Norman Economics

The daily flows data suddenly took a turn lower. 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/

Could see a significant slowdown in fiscal flows and that would be bearish for stocks.

Hard to talk about markets when our soldiers are dying.

Bond yields rose today but this is not likely the start of a sustained rise.

Jerome Powell is going to speak at the Jackson Hole symposium where he will talk about taper and the zombies will go nuts.

Nasdaq hits record. Other averages to follow. The flows drive everything and they're still very strong.

Fiscal flows are too strong, at least right now. We should see new highs in the market soon.

Investor perception about monetary policy has been pushing the dollar higher, but the fundamentals that actually drive exchange rates are bearish for USD.

Actually, no. Fiscal support is the strongest since April. Buy the dip.

Afghanistan is injecting volatility and now add to this, fears of an economic slowdown. However, the big worry is the debt ceiling. 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/