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Another fiscal drain yesterday. Market bottomed last week as I forecast, but the rise from here will be frustratingly slow. 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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Another fiscal drain yesterday. Market bottomed last week as I forecast, but the rise from here will be frustratingly slow. 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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| Another fiscal drain yesterday. Market bottomed last week as I forecast, but the rise from here will be frustratingly slow. 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/ |
Amazing day
Fiscal policy simply doesn't matter when there is an independent central bank that decides on NGDP growth. They offset whatever fiscal policy makers do.
How did the Fed cause the dotcom bubble and its burst and why?
Thanks Mike but I think we are just up here to fill the gap up for the next leg down almost certainly we usually fill the gap. Another gap at the bottom means another leg down coincidently headwinds will follow. As of now 1. no solution to high oil prices 2. A president that is too old for the job 3. Good chance FED continues to make mistakes. I think this is a bear rally. Until UK can get nuclear energy back up create demand destruction for oil. This is just my thoughts
I think you are right I sure hope it stays here for a couple weeks waiting on a retirement account to be liquidated
@encepurdy68 watch that gap fill closley on s and p and nasdaq before we go down or atleast correct close to to bottom
great call Mike – really seems like the market is schizophrenic. I guess the key in a market like this be careful.
What is a deficit?
When they are spending more $$ than they are taking in
Hoover dam update june/22 https://youtu.be/6ntIC4hyQ94
Looking forward to Monday's MMT Report!
Spot on advice on buying
on dips and have patience
Mike, your thoughts on this…https://youtu.be/eA5wWXYNMUg