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Home / Video / Fiscal flows remain strong. Positive market until mid-December tax drain.

Fiscal flows remain strong. Positive market until mid-December tax drain.

Summary:
Flows are accelerating. Thanks to fed rate hikes. Yes, fed rate hikes. 

Topics:
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Flows are accelerating. Thanks to fed rate hikes. Yes, fed rate hikes. 
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.

16 comments

  1. @AmazianLinsation82

    God bless Mike. Health and prosper

  2. @kinocasinovipfanboy

    Bless you, Mike.

  3. What do you mean you people ?

  4. Hey Mike , so true if you try to have a conversation with someone presenting your point of view they dismiss you as an idiot.

    • Yes. Either that, or they lose interest very quickly. I've come to learn that some people really just don't want to be helped when it comes to increasing their net worth.

  5. doesn't the market always blast off dec 15th to the end of the year because of satan claus?

  6. excellent

  7. You are a GENTLEMAN and a SCHOLAR as my late dad would say.

  8. If it’s flows -> economy-> stocks we shouldn’t see direct impact of flows on stocks right? Like a tax drain on December shouldn’t cause a dip right then and there it should take time to work its way through the economy and then into corporate profits before we see stocks come down right? Just trying to get the logic straight

  9. Just bought some more Theranos, Enron and Radio Shack stock today

  10. Thank you sir! 🙌🏽

  11. TELL US TRADING STORIES FROM THE FLOOR. i WOULD LOVE TO KNOW YOUR PAST OF LEARNING Sorry caps on Or how you new a crash was coming and how you handled it Good or Bad. Your mind set is very helpful and has caused me to reflect on myself thank you ,,,,,,,,,,Please don't stop,,, please Mike.

  12. Everything is proceeding as MMT has foreseen.

  13. Best wishes Mike :). I dont know how it is in the US but here in Romania, people hate with a pasion smart work, you are apreciated ony for hard work, if they dont see you doing something they will chategorise you as a slob, dosent matter what you think or say, if you take the correct decisions “you got lucky“ so yea Mike you are spot on with that one, dont give wise words to morons, they will make fun of you. The Bible once said “dont through pearls to pigs“ (they dont know what they are and so they will eat them). Best regards Mike, you still the best on YT 🙂

  14. You really need to turn this into a subscription channel to make yourself a few extra shackles, $5-$10 a month. It's better than netflix. The Messiah Lord and Savior Jesus Christ has gifted you to us. You're absolutely one of my favorite people to ever walk the face of the earth, God bless you & your family

  15. Great commentary on controlling your knee-jerk reactions and learned-from-CNBC misconceptions.

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