by Summary:
Just ask anyone off the street and by simple common sense they will understand what is going on better than the so-called pros.
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Mike Norman considers the following as important:
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Just ask anyone off the street and by simple common sense they will understand what is going on better than the so-called pros.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Just ask anyone off the street and by simple common sense they will understand what is going on better than the so-called pros. |
Mike! That was the best and funniest explanation of the yen carry trade haha
Great advice Mike. Thanks
Did you bail out of your Nvidia purchase yet?
Quarter of percent is a lot for those who have large amount Mike. You’re looking at it from a broke traders' perspective.
It finally sunk in, Mike. Duh!
This is a change from prior
Great work as always!
Mike, upgrade the quality of your sound .It needs more body
I think the central bank of japan has been used as scape goat like you are elaborating. WarrenB was selling weeks ago.. When the late smart money leaves the market that's what happens… Sandines can't support the prices
Whenever Mike says, "Use your own brain", I press LIKE.
Wat u say plays out …simple….u know ur shit……as markets unfold people realise ur on the pulse …..u got potential cowboy ❤😊
Wat u say plays out …simple….u know ur shit……as markets unfold people realise ur on the pulse …..u got potential cowboy ❤😊
Because they're expecting US interest rates to go to zero so there's a rush to the door… because as people exit the carry trade the Yen goes up and you lose money.
I have no clue how I ended up here, but sure as hell glad I did…Mike has so many great points, looking forward to checking out what else he offers🍻
Mike you literally had a yen carry trade which you unwound like 2 days before the crash. Think for a minute. When the yen rose everyone short the yen got margin called. To recapitalise the hedge funds had to unwind their other positions. It caused a cascade of deleveraging cross the market by hedge funds. Starting to lose faith in you
U r the best
❤👁
Mike, could a big enough spending bill get us out of this mess with the Feds cutting rates?
It's useful to heard for us normal folks that the talking heads of financial wisdom can be so monumentally wrong.
Hey Mike, what about the business cycle? If the fed starts cutting rates, but business strat borrowing to expand would it keep the market afloat or would we still tank from these levels?