Thursday , December 19 2024
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Fed has it backward. So do investors.

Summary:
Taper is stimulus and rate hikes amount to nothing.

Topics:
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Taper is stimulus and rate hikes amount to nothing.
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.

14 comments

  1. Smollett didn't pull the trigger.

  2. first on the board, might do some psychedelics now and see the market for what it really is

  3. “Who’s going to buy US treasuries now?”

  4. The population is now higher than it was in 2019. If this was a lethal virus hundreds of millions would have died. People need to get a grip.

  5. Sold 500 shares of TLT to buy tech. Have 1500 shares left and selling for stocks as we go down. Good call on TLT Mike.

  6. Good one mike! Have a great weekend! And do a wide shot instead of these closeups! I like to know you – but this close? Wow. 😂✌️

  7. ¡Bella Nature! Vlogs

    Thanks

  8. Student Loans?

  9. Institutions will buy US Treasury 5 yr bonds or futures or options on these bonds or on 10 year treasuries if they forecast a big drop 30% or greater drop in risk assets. Better to buy US treasuries compared to Euro bonds , Asia bonds that pay negative rates. Alot more room to see price increase in american treasuries. You buy these bonds and lose maybe 1 percent but after the beat down passes sell the bonds and buy with both hands risk assets. I am not doing this short term opportunistic for me.

  10. Hoorah !!

  11. American Exploring

    hey, you forgot the delta variant. Shame on you. So deadly.

  12. credit and liquidity crisis…

  13. Thanks for your analysis. I always listen to you, and only you.

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