by Summary:
High emotion by investors who really don’t understand. Stay calm and do the rational thing. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
High emotion by investors who really don’t understand. Stay calm and do the rational thing. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Another Hayekian Triangle Not Supporting The Austrian School
Joel Eissenberg writes Access to medical care: right or privilege?
NewDealdemocrat writes Production turns more negative
Bill Haskell writes Lawler: Early Read on Existing Home Sales in October
| High emotion by investors who really don’t understand. Stay calm and do the rational thing.  |
Much more fun when there’s a little action. The time between is a little boring and probably harder to make videos. Once these drains and payments are made to the economy it’s exciting watching the movement of markets and the pundits trying to explain it as improperly as they do.
Great vid.
Excellent points.
Excellent !
Mike!!!! You are the man.
Mikes holding all the Aces
Thanks for the insights, Mike. Whatever the FED was going to do today I was going to stay cool about it. Not overreacting either way. I'm keeping investing long term to hopefully retire in the future.
thank you for the informed update and insights / hva grt wk..
Good stuff as usual Mike! Really appreciate your insight and knowledge!
Mike you are not considering the present valur effect on bond prices. Bonds account for 70-80% of outstanding money, a change of 1% in 10Y rates can effect the money supply by 3-4% immediately. I agree in the long-run this is out weighed by interedt income transfers but those are a smaller cumulative effect that takes 2-3 years to neutralise the initial revaluation effect.
Respect mike… Respect
Whenever I see Mike, I press LIKE
🔥🔥🔥
You're a genius Mark. 2024 October 60% drop in the S&P. Got it.
I can see inflation coming down in real time on the supplies I buy for my business. Costs have been gradually falling all year
Mike, thank you for these videos – those who don't understand you are those who don't have trading strategies. Please don't stop
Great work
Mike, after watching your channel for some time now, it is my humble opinion that you really know what you’re talking about. Thank you!
As I watch the market go crazy after the rekeass if the policy statement, I was chuckling because I knew what you were thinking about these monetarists how they would react. Thanks for making these videos!
Mike, thanks for your insights. I understand what you mean by "monetary zombies" behavior, but don't you think they affect the market nonetheless? 2 days rally after Fed policy release might be based on emotion, but it's still happening. I think there are at least 2 major forces in the market – economic fundamentals that you explain very thoroughly, and psychology that you laugh about, but it's still an influence. It could be ignored long term, but for short-term tactical decisions it's very important, IMHO.