by Summary:
People have so bought into monetarism that it has become institutionalized. I consider it a sickness.
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Mike Norman considers the following as important:
This could be interesting, too:
People have so bought into monetarism that it has become institutionalized. I consider it a sickness.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| People have so bought into monetarism that it has become institutionalized. I consider it a sickness. |
Is it possible we will see a bunch of people claim missing credits like the child tax credit during tax filling? Could see a large change in the deficit.
soon means two days from never lol… , Powell will have to talk to Peter Schiff first
I like Mike but interest rates and the risk free rate matter for stock valuations. Discounted cash flow models are what fund managers and analysts use. All CFA analysts are taught them and they are who the big firms hire. So, stock prices move based on monetary policy where the main leaver is interest rates
What if those companies have large earnings increases from fiscal expansion? The DCF will eventually adjust to make the stocks desirable to CFAs, but it will be too late.
Seems like predicting FCF would be more important than r in the calculation of DCF.
This calculation might work for fixed income investing, but doesn’t seem helpful for stocks in my opinion.
Same with the Gold Bugs their the worst for going on and on about the fed
DOD still unaudited. Military budget is… Fragged: over $1T. And obviously no dedicated fiscal drain like FICA.
But Fed FIMA Repos: Like… FEMA car title loans for the world, amirite!?
Thank you for these videos!
Yep very true Mike!
When the wife says we'll be intimate 'soon', it usually means in the summer. Love ya Mikey
Seems like the Fed is also saber rattling. Soon is never. They are trying to talk down inflation.
It all depends on what the meaning of the word "soon" is.
How do you think the credit impulse will affect the market? Everyone i know seems to be getting pre approved. Its interesting because its not for credit cards but loans for investing in RRSPs and Roth account's.
I have a question for you Mike
Can a big bank go burst ..???
So the heroin addict says to the dealer come on man one more hit and then I’ll quit so the dealer says OK. And then the addict ODs & ends up on Life support. This is MMT in a nutshell. The addict a.k.a. Banks & The dealer a.k.a. the Fed, The one on life-support a.k.a. the economy. The solution; A larger dose a.k.a. too big to fail bail out & next hit BBB.
Come back when you know something about MMT.