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Today was the peak in fiscal flows. What does that mean for the market?

Summary:
Fiscal flows are everything. Pay attention to these quarterly trends. 

Topics:
Mike Norman considers the following as important:

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Fiscal flows are everything. Pay attention to these quarterly trends. 
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.

25 comments

  1. Unfortunately all the dollar is done is out today. It was funny the market topped yesterday with that huge spike and a little spike today.

  2. Go short? 😅

  3. I will pay attention to the trends, thank you sir.

  4. Hello young Michael, I’m thinking about changing my name to inigo Montoya , what are your thoughts about this?

  5. 🐬🐋🐬🐋🐬🐋🐬🐋🐬🐳

  6. How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

    • Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks and real estate, through the assistance of my discretionary fund manager, Mrs ASHLEY PETRA, who helped me make it big.

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  7. If the flows are filling the "swimming pool" and that supports the stock market. Doesn't that mean also the other prices get inflated as well? So is government deficit inflationary.

    • Government debt is inflationary if the economy doesn't justify the extra currency. Covid is a good example, you tell people to stay home and run a deficit to give them money for being unproductive, and now we're struggling to stamp out the inflation that created.

    • Yes, if gov spending exceeds the productive capacity of the economy.

  8. Mike… I 💕 you.
    You're the the absolute Best. I mean that.
    Please re-price the mmt trader to $50-$75 a month & you'll see subs go crazy… The psychological effect of being under $100 per mo.
    You should also make this YouTube channel a $5 a month Members only.
    Then do free weekend videos that are maybe a little bit longer to bring people in…
    500 YT subs = $2500 per mo, etc, etc…
    Offsets the lower MMT Trader subscription.
    But at the lower MMT Trader subscription price you'll get more of those anyway.
    I predict your monthly revenue goes up.

  9. Hi Mike, is there anyway I can help you out with preparing the content and doing the analysis. Im not looking for any pay, just helping you out and learning a bit about how you work.

  10. I waited a year to sign up, only because I was out of a job and couldn't really add it at the time. Since signing up for the report i haven't regretted it. And I'll continue long after as well. Because 1. the shift in mindset that you've given me over the past year and a half is worth more than anything, so to me it's simply my way of saying thank you. 2. You'd be hard pressed to find better value for this type of information anywhere.

  11. I listen almost every day. I only care "if flows are good or not".

    I think most people would pay for this info alone like "a weekly graph and a coment" and avoiding 2020's.

  12. Maybe a more reasonable fee for your newsletter would get more subscribers to stick with it

    • Mike Norman MMT Economics

      More reasonable? It should be more like $1500/month. No one does what I do. And individual investors are flaky. They don't commit and are always looking for gimmicks.

  13. I CAN'T FIND THE DAILEY TREASURY STATEMENTS I CAN FIND THE MONTHLY/ SOMEONE HELP

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