by Summary:
No more SLR exemption as of March 31. Will bond yields soar and markets collapse? Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
No more SLR exemption as of March 31. Will bond yields soar and markets collapse? Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Cutting-edge macroeconomics …
Robert Vienneau writes A Letter From Marx To Engels In 1858 Outlining His Critique Of Political Economy
Lars Pålsson Syll writes Cutting-edge macroeconomics …
Lars Pålsson Syll writes The greatest of them all
| No more SLR exemption as of March 31. Will bond yields soar and markets collapse? Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman |
Sell them growth stock so I could load up on crap like Plugs and Gevos and Nanodimentia. That'll get me some nice profits when idiots start buying them back :)))
Idk about Gevo. Biofuels are at least a decade away, there will be plenty of times to buy in before they're matured. Better opportunities to make money in the short term with EVs and superconductors. Those only have a little while longer before they're fully valued.
There will not be a great economic recovery…there will be a brief spending spree from stimulus and pent up demand…then a crash and depression.
@trent jenkins you can't artificially create economic growth by fiscal spending.
@Bob G just watch and see. this is a MMT channel i used to have the same views as you.
@trent jenkins Jeff Snider….no better!
Shut up!! Peter Schiff.. lol haaa.. This is MMT change your perspective.. Why don't you say that when we are spending money on the Military????? Do you say we are 'Printing money"???
@ace q Sorry I follow the likes of Jeff Snider, Brett Johnson, Harry Dent and Brent Johnson…and I do like Mike as well.
on Today's show Mike Norman pulls the rug from underneath Jim Rodgers while he was waiting in line at the bank to ask about how they print his money , then Mike grabs his SLR Camera and takes a photo for Instgram hahahaha…
love me a glass or 2 of red
Print Money
so many people hold back from investing due to fear
208 views and he needs to run ads, bad signals
George Gammon speculated last year that the private Federal Reserve would allow the regional banks to collapse before letting the National Banks collapse allowing the Central Bank to be the lender of last resort and buying everything up for pennies on the dollar.
CCIV
Thank you Mike! Enjoy your glass o vino, like the French health standard
Mike, I’m shocked to hear you talk like that. CNN’s Tapper 10% of the tine reports a truth bomb against a dem politician. Same shit here. You really think Elizabeth Warren, and that other dope, know what’s best for the banking industry as it relates to economic policy? Who the fuck do you think is paying her? You know it but I’m surprised you actually said it on your videos.
You don't think the banks got ahead of the trade on short and long term treasuries? If someone is shorting then who's buying? Maybe they're buying knowing the Fed is going to pay more for them in a Operation Twist or Yield Curve Control. I mean to say the Fed is completely independent and not working in the interest of banks and hedge funds sounds sanguine imo.
well i got outta my last WFC position thurs along with MO and sold off a lil over 30% of profitabe positions to have $ ready for a sell off. so if you wanna know what i buy back in at i'll be glad to say. T & KHC are 2 i'm lookin to get back into. T sold out at 29ish & khc 37ish.
1 thing im concerned bout is the DEM desire to reinfect the us with the sick border jumpers for their lockdown power grab control of citizens. no shit here. greyhound now refuses to truck them around the country dating back to mar 5, lemme copy n paste the headlines. " Greyhound demands Biden administration test migrants for COVID-19 before putting them on buses at border " "Democrats Block GOP Bill to Test Illegal Immigrants for COVID-19" Biden administration considers flying migrants to states near the Canadian border for processing "…
YOU TELL ME HOW MUCH THEY DON'T WANNA LOCK DOWN AGAIN! when cuomo covered up killing 15k with sexual harassment alegations at the same time. he not only won a emmy but played al pacino & de niro with fauci, & makin p*****s wet off that act including de niro…. SEE FOR YOURSELF! youtube.com/watch?v=WvrD4QaSPZU ok i just went full alex jones, but that shit is all true as crazy as it sounds.
Banks made more profits with slr exemption. Since its coming back banks will be forced to own more treasury bonds than before forcing yields to drop.
Tom Sosnoff has a different view. Everyone over there thinks that the market already priced in a reopen. Pretty much all strength gets sold into. If you think stocks are cheap up here then continue holding the bag. Lots of new traders/investors at the table that are armed with stimulus checks are perfect prey to dump sky high priced stocks on. I am out and sitting on sidelines. 100% in the Russell 2k in a year is insane. No thank you.
I would point out that Tom Sosnoff was bearish last April and beyond. He's been bearish all the way up. He doesn't understand or incorporate fiscal policy and its effects. He's a technical trader and options specialist.
@Michael Norman You are correct and he has come out and said that hes not a macro specialist.
nice Mike
How do you think the bank stocks will perform now? And will this affect Canadian banks much?
Thank you.