Thursday , December 19 2024
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Follow up on today’s Fed meeting and market drop.

Summary:
Fiscal flows are strong. The economy is good. Powell just sticks his foot in his mouth every time he talks. No big deal. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course. https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes

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Fiscal flows are strong. The economy is good. Powell just sticks his foot in his mouth every time he talks. No big deal.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.mmteconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/



Understanding the Daily Treasury Statement video course.

https://www.pitbulleconomics.com/understanding-daily-treasury-statement-video-course/?s2-ssl=yes
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.

21 comments

  1. Please post a link to the podcast
    I can't find it

  2. thanks mike….

  3. Loving the podcast, Mike. Can't wait for Mosler and Ray.

  4. 🤣 intentionally inscrutable.

    Sounds like the perfect bureaucrat.

  5. You idiots brought this inflation wave, good job.

  6. Was hoping you would do an update today! Thank you

  7. Great analysis of today's Fed announcement. Thanks Mike.

  8. Age of Turbulence

  9. Finance & Economics

    25 bps rate increase was a lock

  10. Mike I love ya man but the past year watching you has been like watching Jim Cramer. Whatever happened to “don’t fight the FED”? There is no free market. There’s the FED and that’s it. The market will pump again but not till we’ll after a pivot or black swan and emergency action. You know this….man!

    • But it already pumped from the bottom without a pivot lol

    • Won’t need a pivot when we are printing 100 billion a month in stimulus through the interest channel. Get with the program or I’m taking your money.

    • @Zybernetics We are not close to a bottom yet. At least one more big leg down. Your program has had you bullish for the last year and you’ve got rekt. I’ve been watching Mike for years. lol

    • @Zybernetics what happened to that rally? You still taking my money? lol

  11. ❤👁

  12. Mike the podcast with Luis was great and thank you for what you do it's important

  13. Ackerman complained today that higher interest rates will continue to drive deposit money from banks into CD's and treasuries,

  14. Nice to see you doing well Mike! Keep it up

  15. Turkey, can you comment on it soon? Looks like lowering rates worked? I may be reading it wrong.

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