Saturday , September 7 2024
Home / Video / GDP growth revised down again just like I said.

GDP growth revised down again just like I said.

Summary:
Stocks will fall as the economy slows. 

Topics:
Mike Norman considers the following as important:

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Stocks will fall as the economy slows. 
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.

28 comments

  1. Thanks, Mike, you rock. I appreciate your content. It has me going in the right direction, $

  2. @barrymcbrush5452

    Great work as always Mike! You are the G.O.A.T. !!!!!

  3. @JohnSmith12344

    I agree Mike , ridiculous this move in the last minute . I'm looking at the bigger picture too . I think also , Biden come out saying that Israel accepted the agreement to cease fire and the zombies come out and bought the market . Just noise will come back to earth

  4. Mike is right that nobody else teaches you about fiscal flows +/- and its effect on the market (SPX).

    I bet if you changed your name to GFF Trading (Goverment Fiscal Flow) you'd have 100k subs by this time next year.

  5. Buy the dip on zombie selling or no? You said slowing growth now so does that mean you’re in cash and short spy? A lot of “opinion” here, wish we could interpret what’s valid

    • My "opinions" are all based on hard numerical data. Very clear, just not for what you are trying to do.

    • Mmmkay, your reporting is pretty wishy washy. It seems to change with the tide – I’m not the only one who noticed 😢

    • If you want to day trade, this is not the channel for you even though some insights may benefit from time to time.

    • @robinharris2599

      YES! Mike does change his tune all the time, he follows the market and then the flows he talks about seem miraculously to change. BUT watch next week when we head to new highs, it's fun to watch ol Mikey say "folks I told you" buy the dip we're going higher. This channel is more for huckster fun. Enjoy!

    • Mikey just a buy and HoDLer, here for entertainment value.

  6. Good call on the GDP Mike. You said before you would have a better sense of the flows on June 3rd. Is that still something you expect to update on or are you already factoring that in for this update?

  7. Mike, you’re the best period

  8. I appreciate ur content. I am not an educated man. I appreciate ur decades of expertise

  9. Mike, you’ve got your finger on the pulse. Have a great weekend.

  10. @Adam-Friended

    Doug of MMT trader does what you do too. He’s really cool. I listen to both your channels.

    • @cryptoniteclark

      He only started doing MMT since 2020, and only registered his domain in 2023. He's clearly taken the idea from Mike who's been doing it for more than a decade. He's even taken Mike's "applied MMT" slogan for his domain name.

    • I do a bit of what Mike does too, credit where credit is due I learned from Mike. Thank you Mike.

    • What’s his site?

  11. Thanks for continuing to post your videos Mike! I know once in a while you talk about stopping them. Just to let you know they are appreciated

  12. @danialputros1850

    Honestly people I listened to Mike for 3 years now and he is the most consistent and I should of listened 😂. Well never too late to start.

  13. @gogudorel7550

    Mike, i am a subscriber since 2022…. you are the best economist i have seen in my life, by far…

  14. @jasperkerkhoff6721

    Lucky man here who’s listening to your channel 😉. Tnx Mike

  15. @user-it1mc3nq7h

    ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤👁

  16. So, Mike, according to this new "update" instead of buy these zombie dips like you been preachin, we gotta sell and go to cash? You cray brother. If next week we go to new highs, will the flows magically change? I think you're entertaining, but not sure there's much for "trading" which is what we all really want, to buiild wealth AmIRight?

  17. Thank you Mike. You are appreciated. Anyone who actually follows the DTS along with these videos knows you’re the real deal and recognizes your great service.

  18. @joedelong9146

    Been listening to you for years, and no one does what you do and thank you for all that I've learned from your broadcasts.

  19. I think "alriiight what's going on everybody its friday… My doggy friends in the background" is one of my all time favourite show opening lines. Mike on point as per usual!

  20. Thank you Mike. Great video as always. God bless you.

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