Tuesday , November 5 2024
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A beautifully simple, economic engine.

Summary:
That’s the best way to describe our economy and how it operates. 

Topics:
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That’s the best way to describe our economy and how it operates. 
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.

31 comments

  1. Glad you’re ok Mike. Just wish you would acknowledge the flaw in your thesis last month, you said hold me accountable. Yet here we are, again.

  2. looks calm down there now…

  3. Congress is a beautifully simple corruption engine. It cycles between the two ruling parties.

  4. Hopefully all buildings in Florida are built to the Hurricane Code.

  5. Mike doing single variable analysis with interest transfers. Rates were 0 for a decade and sill kept rallying.

  6. Thanks for the updates, Mike. I appreciate the perspective.

  7. MMT stands for 'money making tree 🌳'

  8. @stranfordlogisticsllc2782

    Great video Mike Thanks!

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  14. MMT is cool and at all but MIKE, how much do you bench?

  15. The Atlanta Fed's Q3 GDP forecast is 3.1% growth.

  16. Money transfers in to the US economy:
    Bank credit creation in US = 80%
    Government interest transfer = 12%-15%

  17. as an ozzie i can confirm with 100% CERTAINTY that the RBA has NOT cut our interest rates. This bloke is clueless, UNSUBSCRIBED

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