by Summary:
Atlanta Fed has second-quarter GDP growth at 4.1% 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Atlanta Fed has second-quarter GDP growth at 4.1% 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Milei’s Psycho Shock Therapy
Bill Haskell writes Population Growth Outcomes
Robert Vienneau writes Books After Marx
Joel Eissenberg writes Undocumented labor: solutions, not scapegoating
| Atlanta Fed has second-quarter GDP growth at 4.1%  |
Hey Mike, although the net transfers are down $200B YOY as a result of tax season, bank credit growth just went positive YOY. Any chance private banks are picking up the slack from the fiscal end? Cheers.
defcits might be momentarily less than the rate of growth of the previous year, but the defecits and overall debt are both increasing every year.
I think the forecasters are underestimating imports again Mike
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Mike, being an election year, I wonder if the numbers are not at least marginally manipulated. Thanks for your insights.
Great work Mike! Looking forward to Monday's MMT Report as always.
Without that earthquake though… i think Jesse Livermore's idea about market always telling the truth would have had him squeezed to capitulation. That's an unpredictable incident and he should have been thanking God for such an unfortunate event to create a good event for him.
❤👁
If the economy is accelerating, why is this the worst environment in trucking that I’ve experienced in my 24 years of doing this job? Not even in 2007-2010 was it this bad. The freight market is in a coma. The spot market is a disaster, you have drivers taking freight for under 1.00 a mile. Those are 1990s rates. But I guess that’s all nonsense because the governments lagging indicators say the economy is perfect and the equity markets are at all time highs…. 😂🤦🏻♂️
Another $61 billion for Ukraine, don't forget that black hole for the military industrial complex.
Hi Mike, Great content TY. Please excuse the out of context personal question, but curious how tall you are and what weight class you'd box in? Imagine size would have helped you in the trading pits?
didn't mike do a video two days ago saying the economy was slowing down?
Markets go up. Markets go down. One things for sure: It depends, but Biden's average diaper contents will be increasing as the year goes on.
Earthquake story is a strange one to highlight …the guy’s position would’ve ruined him but a natural disaster saved him. No prescience there just dumb luck no?