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Fiscal year 2024 has begun. Here’s what to expect.

Summary:
Some potential dangers that need to be monitored. 

Topics:
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Some potential dangers that need to be monitored. 
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.

26 comments

  1. I don't get how the Dollar is going up while Bonds go down? Isn't A bond just a Dollar with a coupon?

    • Mr Market is irrational longer than it remains rational

    • You can’t Handle the Truth

      It’s a scam driven by options….

    • Nicholas Kaltenbach

      It’s the difference between a savings account and a checking account. If interest rates go up investors sell their bonds so they can get a higher interest or invest somewhere else (nobody wants bad performance). They’re taking money out of their savings (bonds) by selling and into a checking account (cash). demand for cash goes up. There are scenario where they both go up but not now when interest rates are front and center. Bonds down dollar up is the rule of thumb usually

    • @Nicholas Kaltenbach is kind of confusing, though, because under that scenario, if inflation was 50%, you're saying people would hold cash?

  2. BobSagetSquarePants

    Shut that Fawkin dog up would ya Mike!

  3. LOL … go bite those little bastards…

  4. hate to say it, Mike, but the dogs are definitely worse than the sirens. I lived in New York City like you and I've also lived with barking dogs hands-down give me the sirens they're more steady and predictable.

  5. Long Live Ukraine.

  6. You can’t Handle the Truth

    7 “magical” stocks have held up the entire shitshow

  7. Spitting truth Mike, everyone else is doom and gloom. Great channel.

  8. Biden is making America Great again! 🙌🏽🙌🏽🙌🏽😃

  9. Nice one Mike!

  10. Small yappy dogs are worse.. Small yappy dogs aren't dogs.

  11. Van Thang Nguyen

    I agree you are the only one who had a correct call, with confidence that there will be no crisis, no crash. Great call.

  12. Finance & Economics

    I don't like the yappy dog barking either. I have neighbors with the same type of dogs. It can be annoying. You should consider doing the videos from inside.

  13. Impressive spatial audio! I'm wearing closed headphones. It sounds like you're 3ft in front of me and the dog is barking behind me. What brand of smart phone are you recording this on?

  14. Great channel

  15. Home Youtube Channel

    Best video. This presents a very clear picture. Thank you !

  16. Last week when the market was red you mentioned going against the grain and separating yourself for the fearful.. That was great advice… I had a short position but I decided to go long… Glad I did .

  17. Looks like zero upside will have to just short the market until mid November

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