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Bank analyst’s spectacularly dumb comments on the Fed.

Summary:
Dick Bove takes the cake on this one. He even makes Schiff look smart.

Topics:
Mike Norman considers the following as important:

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Dick Bove takes the cake on this one. He even makes Schiff look smart.
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.

22 comments

  1. the overnight reverse repo data on the st.louis website fed is down or gone forever?

  2. Three or four interest rate hikes (which may or may not happen) of 0.25% means all stocks should be valued significantly lower. PURE FUD. The decimation of stocks is being brought on by the nefarious actions of hedge funds.

    How long is the shrill main stream media going to continue to spin this bs fear mongering about the Fed's monetary policy which has very little affect on the markets, beside psychological. Liquidity and true market conditions have not changed. If you do not know that psychological warfare is being played right now to steal your shares and wealth…think again.

    This bear market is being brought on by hedge funds collecting shorting the fuck out of everything and spreading FUD through main stream and social media.

  3. I can understand why people who take this stuff seriously freak out and sell. There’s constant cognitive dissonance. How can anyone think we can have an efficient market with this kind of environment?

  4. we're all waiting for Dick Bove's comment

  5. Mike – AWESOME video, Man – Thank You!!! Please get back on TV and straighten these people out!!! Thank You, as always!!! 👊👊👊

    • I think Mike is saying he tried to straighten it out in the past but burnt out doing it. There is such a large wave of ignorance and incompetence in the financial arena it is difficult to stop.

  6. After embracing mike norman economics, I cant bring myself to watch these videos anymore, they pain me physically.

  7. This simply can't be real, greatest video ever Mike.

  8. Looks to me like a shock doctrine ploy/tactic. The neoliberals know the Fed is a regulator and regulators are bad for financial game players on Wall St. etc. Don’t Libertarians want to “‘end the Fed”? Don’t Nutcoiners want entities that enforce dollar hegemony to fail ?

  9. Finance & Economics

    I remember Dick Bove, he was on all the time back in 2008, the last crash. Seems they're bringing out the same cast of characters.

  10. $SPDR® S&P 500 ETF Trust​

    Sometimes the hand is staring you right in your face but you just think your opponent is good enough to play it that way to get you to fold, but really…

    You have sat at the table long enough for your opponent to know you would see it this way, so he plays the hand FACE UP knowing you have leveled yourself.

    And you call, just to see the bad news..

    The funny part.. every red flag was there, you just refused to see it for what it was.​

    The Gambler – Kenny Rogers

  11. why so hard? just use computer to print to create money then buy or pay anyone who wants it

  12. Great job Mike!

  13. Very educational video!

  14. they make dumb comments to manipulate the market

  15. will tech recover ??

  16. God, thank you for the fact that there are so many cretins and idiots in the market. Let there be more and more of them every year, let them create volatility and opportunities for adequate and sane investors to earn money.

  17. Let's Go Brandon!

  18. The ability to speak jargon and gibberish is what get you places. In all fields it seems. Those that are paid to be right see past them. Great vid Mike.

  19. T̶H̶E̶Y̶'̶R̶E̶ ̶P̶R̶I̶N̶T̶I̶N̶'̶ ̶M̶O̶N̶E̶Y̶!̶😱

    THEY'RE INSOLVENT!😱
    THEY'RE BORROWIN' MONEY!😱

  20. Fox news intentionally picked this "expert" who has negative views on market. Fox news has an agenda to spread fear and panic to crush the stock market. Then they will blame democrats for the crash

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