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I'm not worried about rising bond yields. It's a technical thing and it won't disrupt the market. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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I'm not worried about rising bond yields. It's a technical thing and it won't disrupt the market. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
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I'm not worried about rising bond yields. It's a technical thing and it won't disrupt the market. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
on Today's show Mike Norman breaks out his 80's old stereo boom box , cassette player , puts on his jeans and leather jacket & is listening to White Snake- "Here I go Again"
@Slickpete83 don't forget the fist fights he would be breaking up between Schiff and Dent…yelling at these guys "you need to have mental game…it's about mental game.." Actually he probably beat the hell out of both of them.
@Joseph Lee yeah exactly MMA style
@Slickpete83 Hahahaha. I actually OWN a Camaro! Hahahah.
@Michael Norman haha nice what year Camaro ? , also did Jim Rodgers drive a Pinto or his mom gave him a ride to work
@Slickpete83 2018 ZL1 1LE
Before Made-In-China dumps MAD-In-US bonds, we need to get Bombadier Biden to put Liz as KingPin of the FredKartel, move Workers' 401Ks into bitcorn and implement Tickle Up.
Gimme my stimulus check! I want all singles, goin to the strip club! Infinite lap dances! I'm learning to love Socialism.
Unless there's too many laps and not enough asses.
@Seth NoFcks that was a good one
Mike, isn’t stocks and other assets’ price booming a type of inflation and that mean cash losses its values? I don’t trust CPI report and it doesn’t reflect the real loss in value of cash.
Inflation hurts some but helps others. For example, farm commodity producers and other commodity industries have seen a big rise in income and financial strength. There are always two sides to the equation.
What about Fed yield curve control?
Great Question – I'm told Fed should do this but they refuse to.
I read Istanbul found 6 billion worth of gold in December 2020 Is that what's bringing gold down? ?
That will be eaten up by China ?? and Russia ??
@D L still Lowers the cost of gold overall no since its that much new gold on the market?
I predict the 10 yr yield will settle at 1.7%.
Gold and silver should be going up knock down this is a rigged market and everybody knows it
Hi Mike, If you could please explain this Bond Sell-off and interest rate rising. If people are running away from Bonds causing sell-off, so Bond prices are coming down and the yield on that Bond is going up. If the yield is going up wouldn't there be an increase of demand for those Bonds. It is very puzzling. So I have been hearing the yields are rising therefore there is a cost for holding gold as it has no yield. So gold sells off. But why is Bitcoin and other crypto currency at all time high. As far as I know crypto's donot generate any yield, only have to find a greater fool to buy at a higher price to sell. I would really appreciate if you could break it down in layman terms and make a video. It will be much appreciated. Hopefully it will be appreciated by many other subscribers like myself who are really puzzled with this whole situation unravelling. Investing in Gold and gold miners has been a dumb idea since the last 7-8 months. Gold stocks are making new lows, some are below March-April 2020 lows. The gold price is still very healthy. $1730. Gold stocks were trading at a higher price when gold was under $1500. Very confused with this whole situation.
Many thanks in advance.
Nasdaq killed me
you trading options or something?
Great work as always! Hoorah!
Fix your website. It’s hacked.
Looking into it. I’ve checked on several devices and don’t see a problem but the issue is being investigated. Thanks.
Several scans and in contact w hosting company but did not find issues. Can you screenshot what you are seeing and send it to me? mnorman@pitbulleconomics.com
Thank you! ?
Biden market , glad I sold alot a few Weeks back
Lol! Let everyone know when you get back in.
@Michael Norman I will sweet lips 🙂
yeah..'dip buying always working' theory.. but the US stock market cap has reached almost 2xGDP recently, and that's very expensive historically. Is Apple stock worth $2 trillion? No way.. and Tesla is $100 billion company at most. Stocks need to retrace 50% and not bounce back for few years…