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Correction now, but it could get really crazy.

Summary:
Tax flows suggest corporate sales and profits slowing. That's causing the correction, but things could get a lot worse. 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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Tax flows suggest corporate sales and profits slowing. That's causing the correction, but things could get a lot worse.



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.

23 comments

  1. I should have gotten out of AAPL last night @ 118 instead of tonight @ 114…. still a win.

  2. I'm predicting there will be more votes than people that exist in most counties….

  3. The world government is a criminal organization. people better wake the hell up.

  4. 2:32 I like that?? ??❤️

  5. Thanks for the update

  6. Finance & Economics

    Lower prices are good

  7. garyseeseverything

    Tesla is stupendously overvalued I wouldnt dare touch it until below $150 minimum. Tesla was expected to reach $1000 before split by 2025 ish. Currently price is toxic with option plays

  8. it's the Dems that will reject the election results, not Trump.

  9. Great work Mike!

  10. Looking forward to your MMT Reports and daily updates ahead!

  11. Mike – Amazing streams, Man – Please, keep going strong. Cannot go a day without listening to you – Your insights are bar-none – THANK YOU!!!

  12. Things are going to get exciting from here Folks!

  13. Looking forward to setting up a killer 2021 portfolio utilizing Mike's analysis!

  14. People are saving money until after the election is finalized. Conservatives will hunker down in place with a Trump win and will be bugging out if possible otherwise.
    I have no idea what the Liberals plan to do other than go bananas.

  15. Yes! Exactly Mike. Losing a job can be a blessing. This is America. Learn something new! I always love Mike's smile at the end?

  16. Giant freight trains, they could be 185 double container stacked, continue to move through Tucson as if it were Xmas on steroids headed east from Long Beach. I've never seen such a general volume of such traffic in the 4 years I've cab driven this city.
    Rush hour traffic and traffic generally is on the upswing. The bars are reopening and restaurants are less restrictive. The resort and travel business, the world's biggest business, is the absolute pits here.

    Tucson Cabbie

  17. But ain't income tax flows a lagging indicator?

  18. Andreas Hellström

    IF Biden wins. Go for War stocks. New interventions in Syria.

  19. the dems will 100% reject the election if Trump wins, they rejected 2016 and have been in perpetual hissy fit ever since and now, just as you thought it was gone after 3 years…its back!…they are pushing the "Russia are interfering with the election 2020" AGAIN….it makes so much sense you see registered democrats vote for Trump, its so crazy you gotta wonder if they are actually on the Trump campaign. Trump might have even been able to do some decent work if the msm machine (that backed the wrong horse) had just got off his back for one single second.

  20. Trump is a sociopath and is gaslighting his supporters. It’s incredibly obvious to those of us who can analyze data.

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