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Volatility for one, and rate cuts are not what you think.
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Mike Norman considers the following as important:
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Volatility for one, and rate cuts are not what you think.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Volatility for one, and rate cuts are not what you think. |
Mike norman thank you for the continuing education you are the best.
Welcome back brother 🙌🏽🫡👊🏽
Thanks for sharing your insights, Mike. Will be interesting to see how this short term goes with the FED notes tomorrow.
as ALWAYS great commentary, good to see you back!
Sounds to me like long term treasury bonds may be a buy if the fed is going to cut
TLT?
Do you still shoot for 7 hours sleep (was 830p – 0400a in NY) I really need to get more done (reading, studying, video viewing) maybe changing time zones will help me.
Love your videos. U r # 1 !
Thank you Mike!!
@Mike you think you can discuss what is happening with Chinas econ right now & what impact it could have on us?
I finally agree with you for once (but for slightly different reasons). Higher interest rates are stimulative, but not to the average person – the rich & well behaved businesses benefit from higher interest rates, but not the poor. Cost of money should never be lower that it is – we are at the low end of historical norms now. Besides … the fed has yet to realize its goals outlined 18-months ago 1) cool the labor market & wage growth (increase unemployment), 2) cool the economy (increase bankruptcies of zombie banks and businesses), 3) get YOY inflation to 2% by imposing a strong USD. They will jawbone the market higher (sound dovish), but they will hold fast (act hawkish) due do to fears of residual inflation and potential rise in commodity (energy) costs, IMO. JP doesn't want to be remembered like Fed chair Burns who cut too soon bringing on the hell of the 1970s.