Thursday , November 21 2024
Home / Video / Don’t thank me for yesterday. Hold me accountable from now going forward. 

Don’t thank me for yesterday. Hold me accountable from now going forward. 

Summary:
Anyone could’ve made that call yesterday but what I’m saying now is what is going to be important. 

Topics:
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Anyone could’ve made that call yesterday but what I’m saying now is what is going to be important. 
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.

12 comments

  1. Rate cuts are always bearish as per charts, after the first rate cut months market bottoms within 1-12 months

  2. Thanks Mike. Appreciate the MTT Trader email updates and the videos are good addition!

  3. Just to clarify you’re calling for bear market conditions into 2025?

  4. @Hustle-Man-ForLife

    I am locked and loaded for what's to come in the next 6 to 8 months. I will be ready to pounce on panic and weakness as it occurs, to continue to build up my portfolio and generate more wealth. Thanks, Mike, for your guidance and teachings.

  5. Amen Mike. You’re the best!

  6. @johnspielberger518

    Yes , I view your channel to get a broader perspective, not just in finance .

  7. @cryptoniteclark

    Treasuries have long terms. Isn't it going to take quite a long time before the rate cuts have a significant impact on the interest payments?

    • @christophermastrangelo910

      Many of the bonds traded with long terms see their price adjust upwards after the cut meaning whoever buys it at a premium and collects the original coupon gets a lower yield. But yes it does take some time to fully phase in.

  8. @FINANCIALQUEST101

    I only ever see a recession/depression a matter of months after rate cuts, it’s in the charts.

  9. @bobsagetsquarepants7805

    Just last week Mike was saying "take their money".

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