Saturday , May 4 2024
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Time to get a little more cautious.

Summary:
Fiscal flows may already be slowing. That will trigger a market correction. 

Topics:
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Fiscal flows may already be slowing. That will trigger a market correction. 
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.

15 comments

  1. I always love and appreciate your honesty in your trading and analysis. In the meantime, I'm loading up on some nice divi stocks. Cheers, Mike.

  2. are community banks cheap? We were told they would disappear by now. Lots of earnings reports.

  3. Hollow_Cause_Dont_Matter

    Mike, do you account for a lag in the fiscal flows? How long does an increase in fiscal flows take to show up in corporate earnings?

    • Mike Norman MMT Economics

      They show up right away, but we don’t see that until quarterly earnings reports, which are 3 months behind. That’s why you need to follow the daily flows to know when to buy and sell.

  4. Thank you Mike!

  5. What do you think about silver?

  6. good stuff as always sir. totally agree with near term caution.

  7. Thanks for the update, can you talk about how wrong the Maverick of Wall Street was? I listened to him and thought the market was gonna go lower and it’s been going higher since October

  8. good stuff , making money is always fun, thanks Mike.

  9. Did you launch a new website?
    Update?

  10. Home Youtube Channel

    Thank you Mike! I love my subscription with you and the videos too!!!

  11. Seriously, you gotta join MMT Trader! Mike has a proven track record of having the best calls and nobody in this industry works as hard as Mike keeping everyone on his team up to speed.

  12. Mike what do you mean when you say bull market? We have not hit the highs of 2022 yet and likely will not for a long time. With regard to the dollar. The DXY is tanking. You were wrong on the dollar going up and now you’re about to be wrong on the dollar going down move. You don’t make a lot of sense man. I’m sorry to come back and make a comment but dude you gotta take off your MMT rose colored glasses once in a while.

  13. Appreciate you my friend

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