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Fiscal flows are accelerating!

Summary:
If you don’t believe me about the importance of these flows, and how they dictate, economic activity and market trends, just watch this video.

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If you don’t believe me about the importance of these flows, and how they dictate, economic activity and market trends, just watch this video.
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.

5 comments

  1. Won't the recent plant disruptions pump up inflation for months to come?

  2. Mike why Gold is lagging then?

    • Mike Norman MMT Economics

      Gold is up 9% from the October low, reflecting the resumption of growth and fiscal expansion. It's probably oversold now on a technical basis.

  3. Funny to hear Jamie diamon on CNBC talk about how the fed has not taking into account government spending. Hence, not enough for disinflation. Your thoughts on this Mike ?? will the pool drain again?? I remember your interview years ago talking about this on tv. And they completely ignored you. You were right all this time .

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