Tuesday , November 5 2024
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Corp tax flows. Market sensing slower sales and profits.

Summary:
Corporation tax deposits sinking y-o-y now. Stock market sensing slowing sales and profits. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286

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Corporation tax deposits sinking y-o-y now. Stock market sensing slowing sales and profits.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
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.

25 comments

  1. William Dieffenbach

    Mike Norman did NOT flip flop, I am an anti MMT, Austrian Economics guy, but Mike Norman changed his outlook with the data presented to him.

    • TheNull Hypothesis

      lol, 'anti MMT" and an "Austrian economics guy"……….you seem to have made a life out of misunderstanding everything, don't stop now. Your uniformed opinion means nothing.

  2. Mike, with all due respect. Waiting for further confirmation prior to going out on a limb and claiming such a major macro call would have been more responsible to those who have been following your work over the many years. Especially, knowing the psychology of most short sellers. However, I learned a whole heck of a lot more than I would have otherwise and it only strengthened my own Mental Game over the past few months and that to me is priceless! Plus, I have gained even more respect for you over the past few months as well. You have great integrity Mike! It takes a lot of guts to do what you do! Proud to be part of your team! Hoorah!

    • Jan 18 Mike was screaming buy Buy Buy! while all the chart readers were saying SELL! And Mike was right he bought into the fear and took their money.

  3. Honestly, If you are not here to learn and better yourself as a investor or trader, you are going to have even harder times ahead looking for a fortune teller. Just saying.

  4. Hey Mike! Go out and enjoy yourself and let go of the markets for a while. Enjoy the rest of the Summer! Your team is tougher than the markets! Weak hands will be weak hands. Peace

  5. garyseeseverything

    Freedom of speech Mike, let em say day what they want. Your real and that’s all that matters, keep up the great work your accuracy is very high so thank you.

  6. Thanks for your videos! Great insights from a market veteran!

  7. Mike, as your paid subscriber for last few years, you have taught me alot. Trading is all about mental game. I have made over 10 % profit in last 2 months just following your mental game . Ignore stupid comments from stupid people. Thank you.

  8. Please do not pay attention to these haters

  9. I’ve learned a lot from you, and made a ton of $$$ off your advice as well. Even with a great macro approach, there will always be unexplained fluctuations and anomalies. You are not a fortune teller, but your critics are absolutely looking for one. Keep up the great work Mike!!

  10. "Labor Day" needs to be changed this year to "Print Da Munnie Day" in my opinion. It could be better than expected. Hoorah!

  11. Don't let the turkeys get ya down Mike.

  12. Possibly the most underrated channel on YouTube at the moment.

  13. Why would you waste your valuable time on blocking trolls… you don’t value your time?

  14. Well said, Mike. Keyboard warriors are everywhere

    • TheNull Hypothesis

      You misunderstand basic logic.

    • @TheNull Hypothesis – Do I? My previous statements stands. Meets me face to face if you have any balls or better still prove yourself technically by attacking my web server. If your know your stuff you'll find it from sourcing my tag…your move. If you're to stupid to use the whois package on an Linux workstation then get off the internet moron. Come on…

    • @TheNull Hypothesis – Oh, by the way, what you said is a statement, so there's no need for a full stop. I'm British so we kind of understand this. It should have read 'You misunderstand basic logic…' followed by a justification. Don't use a keyboard unless you have the ability to command basic syntax.

  15. It was amazing how the market was smashed on thursday … a beast …

  16. Good update. I appreciate your candor and think you should manage your comments section as you see fit.
    You talk about selling the dollar. I’ve been selling EUR/USD on the assumption that the Fed and the US a Treasury will exercise their ability to put more dollars out faster/larger than the ECB. We are crippled in the EU (in my opinion) by the lack of a central treasury. National governments not only squirm to meet their fiscal obligations but also compete in bond issuance.
    My question – what are you using to express your short dollar thesis? Is there a better way to do it (bullion?) that would not necessarily peg the risk to Euro?
    What I like about EUR/USD is the low cost of carry – how can I do it better?
    Probably this answer will tip me to get your subscription – I received enough value from you already to probably justify it in the coming months. Many thanks!

  17. I've only recently discovered your channel. Thanks for sharing your knowledge of macro-economics – it's a subject that I've never really paid attention to before, so your content really helps. I just wanted to say, "Good for you!", regarding your opening comments. No-one should tolerate abuse, and these people would never learn that their behaviour is anti-social if no-one objects to it. Keep up the good work.

  18. you forgot to smile at the end of your video amigo

  19. tomvorapot tomvorapot

    Just block them Mike. Reading their comments of late, I feel you don't learn anything new, or useful. They are just playing the same sad old tape, over and over again. So, it's a big waste of time having them around your videos' comment section.

    But on the other hand, where would they go? Might they move on to spread their stupid messages or annoy other people on the internet even more?

    You can't win, I feel…

  20. Mike, how dare you not be 100% accurate with every single thing you say and predict the timeline of every market move and hand that information to people for nothing. Lol. Thank you for the info man, its helped me learn a lot about money flows, i think you are right on the money with the corprate tax but with so much injection its masked the timeline a bit. Keep up the good work.

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