Wednesday , December 18 2024
Home / Video / So much to learn from today, it’s ridiculous.

So much to learn from today, it’s ridiculous.

Summary:
You want to understand toughness? Resilience? Focus? Success? Watch this. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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You want to understand toughness? Resilience? Focus? Success? Watch this.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.mmteconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/



Understanding the Daily Treasury Statement video course.

https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

21 comments

  1. Thanks mike

  2. Im here for your call on Jones V Cyril Gane

  3. Finance & Economics

    I agree with 2 things. Yes, over the long run, the stock market does resemble a growth function. So, it pays over the long run to be long "the market." I also agree that fiscal flows do have a strong influence on market dynamics.

    I would simply say there are many other influences on market activity, on both sides of the market.

    Don't sell yourself short! I think you're mentally strong. This is why I continue to watch your videos, for the mental game. We can argue about whether the market should be up/down on a particular day, but we still gotta deal with the effects of holding positions/assets through all the market gyrations.

    As far as that show you mentioned, honestly, I don't trust everything that I see on these shows. There is a narrative that is attempting to show that women are strong and men are somehow weak. They can skew the outcome to reflect what they want you to see. Not saying the woman didn't deserve it, just saying I'm skeptical of the outcome.

    • Random walk mostly, but overlaid on the stock indices is the long run government injection, historically always upward at 3% to 6%. But you always have to ask: correlation or causation? MMT suggests it is causal. Not direct, but money injected has to go somewhere if not all taxed away or channelled into black markets.

  4. Ricasso Quixote

    Harry dent is hilarious lmao he publishes a book almost every year talking about a stock market crash😂

  5. on that chick, her strength being compliant. In my eyes being compliant is a negative you need mavericks that make decisions on the ground/run based on experience. Being compliant makes you predictable.

  6. Your a Maverick

  7. Team sports athletes are not mentally tough compared to olympic wrestlers, or marathon runners for example.

  8. Harry Dent has been shorting the market sense the dow 12.000 one day maybe he will be right, maby. Keep doing this Mike.

  9. Bullish spring!!

  10. Mike thanks for spreading the word of mmt Buddy it's important

  11. Van Thang Nguyen

    It's great that Mike mentioned Harry Dent the guy who earn money by selling his books warning about crash since 2010. He has been calling for 80% crash of the stock market for many years including the call right at the bottom of 2020 crash making too many people missed golden buying opportunities.

  12. So, the grossly overpriced stocks will get more overpriced and reignite inflation. What is so positive about that?

  13. I watched a documentary years ago about a 1970s rugby team from Chile that crashed into the Andes mountains and were stranded. And a couple survivors hiked through the snow covered mountains over multiple false summits with no food, water, or any type of gear or winter clothing. I can't remember exactly how far they walked before they were rescued , I'm thinking it was like 30 miles or so. Professional mountain climbers said that to do that today would be an accomplishment for a trained climber with the appropriate clothing and gear. But to do it with no training, gear, or winter clothing is almost unbelievable. But these 2 did. And the one guy was still living and participated in the documentary and he said that he told himself that as long as he had breath he was going to continue to move. It's an inspiring story for sure

  14. 👁💛

  15. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👁

  16. Friedrich Ludwig

    I’m sure that show was rigged- of course Hollywood wants two women to win it

  17. Historically when does March tax drain activity start impacting the market? It has to be sometime on or before March 15, no?

  18. Thanks mike

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