by Summary:
When basic conditions start to change (and they don't change often) then the market is becoming much more speculative and risks a major downturn. 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
When basic conditions start to change (and they don't change often) then the market is becoming much more speculative and risks a major downturn. 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Class
Mike Norman writes Episode 8 (S2) of the Smith Family Manga is now available — Bill Mitchell
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
Nick Falvo writes Homelessness planning during COVID
| When basic conditions start to change (and they don't change often) then the market is becoming much more speculative and risks a major downturn. 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 Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
Sell off coming in August
Bank deposits going down probably in sync with loans and leases going down (people paying down debt). I would suggest also a lot of revolving credit being paid down from the huge spike after mar 2020
Puts starting to look tasty
Awesome teaching genious Mike. Thank you! I learned from Mike no stop loses but for that i need to trade something that i will never be forced to sell and that is the QQQs, SPY or DIA everything else I stay away! Happy 4TH!
Good overview, it's important to grasp the idea of basic conditions.
___.FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel.
For the recovery: Disney, Wells Fargo, Boeing, Walgreens
warren buffet quotes: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Are the repos available wider than those with Fed accounts? Bank deposits and reserves dropping at the same time suggest the mutual funds are getting in on the action.
<great post ??Very detailed and precise video you put up mate I love your contents, it's funny how some people out there still haven't accepted the fact that cryptocurrencies continue to reshape the world globally, It's hard for anyone going against it these days, though from a trader's perspective I feel we really need more experts in the field updating newbies/investors on how the community works, lately the price of BTC has been fluctuating which means the market is currently open and you can't tell if it is going to bearish or bullish, this uncertainty pushes most traders away and forces investors to hold, I'd say it's outrightly wrong to just sit back and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stock up more coins should be our ultimate goal thereby making profits, it all depends on the pattern with which you trade and also the source of your strategies. I started with 2 BTC and I have accumulated over 5.5 BTC in just 4weeks, with the right trading strategy given to me by an expert trader Cory O'brian.. His methods are top-notch and profitable and he can be contacted easily on T e l e g r a m [ @Briantrades7] and also what'sapp–(+,1,2,4,8,7,8,0,8,0,2,4,.)for Crypto related concern✊.
Gained about 7.5 btc already within a week with just investing 0.9 btc thanks brian,
When I first started working with Cory O'brian, he predicted that I should invest in Binance coins which I did, I deposited about $120,000 coin then, now is all up, thanks to Cory O'brian, I can never forget you man.
Of course brian, daily signal is life changing and its profitable for me and my colleagues .??
I know that Mike likes General Electric(Stock symbol GE). I must admit that I used to like the company too until they slashed the dividends. The news is that GE is going to do a 1:8 reverse split on August 2. I wonder if Mike or anyone here has any thoughts.
What do u think of the Fedguy? Some of the things he says make sense but then others such as 'QE increases bank deposits' just annoys the heck out of me. Does he have an agenda?