Tuesday , May 14 2024
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This cycle has peaked.

Summary:
Fiscal flows have slowed dramatically and a major tax drain is coming.

Topics:
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Fiscal flows have slowed dramatically and a major tax drain is coming.
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.

7 comments

  1. What do you see in the short term for utility stocks? It doesn't feel like the defensive play like it used to be, back when rates were low.

  2. safe flight ✈️

  3. Thanks Mike! Safe travels.

  4. Hey Mike. What are your thoughts about investing in Bitcoin and crypto currencies? I've been watching you for a while and I don't think I've ever heard you mention it

  5. NY ain't your home anymore 👍

  6. Hey, Mike – I’ve heard Mosler discuss the Fed’s higher interest rates as being inflationary (the exact opposite of what the Fed assumes, of course – lol). His assessment makes plenty of sense, but my question is whether there is some lag between the date of the rate hike and when they show up in the form of higher interest transfer payments due to maturity dates of the Treasury securities and/or other factors. Would you be interested in addressing this in a future video?

  7. Mr. Phats Variety Vibes Show

    is LA Pizza Like NY Pizza?

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