Tuesday , November 5 2024
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Fiscal flows are still highly bullish.

Summary:
Markets and economy should continue to be supported by highly bullish fiscal flows. Plus, dollar decline. Gold. Oil.

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Markets and economy should continue to be supported by highly bullish fiscal flows. Plus, dollar decline. Gold. Oil.
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.

22 comments

  1. Something you didn’t mention is that base metals…copper and zinc…are booming.
    In many ways, copper and zinc are a better gauge than oil, because the metals supply is more constant than oil supply.

  2. Congratulations on the birth of your granddaughter!

  3. Congrat, Mike!

  4. congrads, she can play with my granson logan excellent.

  5. dec 11 shutdown, more helicopter money to be dropped with this happens?

  6. big funds made 12 to20% in one month November plus what they made before Nov. profit taking time

  7. totally disagree with lower rates lower prices, exactly opposite with home prices lower interest rates mean inflated house prices IE Volker broke the back of inflation house prices very low compared to 15% interest rates, people could not afford the mortgage payments. Now 2% interest housing prices in bubble territory.

  8. Congratulations Mike, a young and energetic grandpa.

  9. tomvorapot tomvorapot

    Big congratulations to you Mike! Very good news indeed!

  10. Congratulations Mike! I wish you many grandchildren. Health to all!

  11. Congratulations!!!

  12. Just a middle aged bloke

    Congratulations Mike!!! A very proud grandpa! Well done mate!

  13. Congrats Mike! Finally some one will get up 4am with you haha

  14. Congratulations, Mike! Wonderful news.

  15. All those hearings about election fraud is something being totally ignored…. Potential for some interesting volatility

    • I absolutely agree with you 100%. Mainstream Media ignores the election fraud UNTILL it's too late. The reputational damage for Media might be beyond repair when the Supreme Court intervenes in the election. Trump will most likely stay President of the USA. Take in mind that I am a European guy saying this. I have no vote in it. lol.

    • @Gordon Gekko Well looks like Mike also does not want to talk about it, i do not believe he is MSM tough 🙂 he just is underestimating this the same way he was underestimating covid back in early march

  16. Big congrats Mike. Welcome to the G Pa club.

  17. Congratulations Mike

  18. Congratulations grampa

  19. Grandpa? you don't look a day over 35…

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