Mike Norman Economics

Tax drain effect still happening!

Has the scenario changed? Here’s what I think. 

Cyclical. Not the end of the bull market but a corrective period nonetheless.

Larry Summers in the media today with once again, some ridiculous commentary. 

Clueless elites, who are blind to reality 

My tributes and memories of that terrible day.

This is an utterly ridiculous fallacy. 

Traders tend to exit big trades too early. Here’s what you can do.

I can give you the forward outlook for the next year. No, I don’t have a crystal ball. It’s the flows.

Even with Friday’s record flow day, flows are still trending down.