Thursday , December 8 2022
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Saying so long to a really bad fiscal year.

Summary:
T was drained from the economy in FY 2022. This is what killed the market, not rates. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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$2T was drained from the economy in FY 2022. This is what killed the market, not rates.



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

https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



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

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  2. Looks like you are right.

    Historically higher rates which has been done in 2004-mid 2007 did not crash the markets. We should recover for the next 10-13 months and then the housing mess will kick in.

  3. Hi Guy Smiley……

  4. Falar com o Sr. António é como viajar 4.fo/SUSUU no tempo, é sonhar acordado, é uma lição de vida…um poço de resiliência e um sorriso genuínob que nos abraça sem nos conhecer.

  5. Great work Mike!

  6. Loved today's MMT Report!

  7. I never stop learning from Mike!

  8. Kino Casino VIP Fanboy

    Amazing to see Florida and Ukraine competing for funding. It's surprising people are taking this like it's no big deal. Americans are just too generous.

  9. Kino Casino VIP Fanboy

    Hold on Mike… I always thought Poland was the 51st state (Remember Poland! – Bush)? US expanding East? Hmmm…

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