Sunday , November 17 2024
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Happy New Year!

Summary:
2024 is here. Here’s what’s going to happen this year.

Topics:
Mike Norman considers the following as important:

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2024 is here. Here’s what’s going to happen this year.
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.

20 comments

  1. Happy new year Mike. Looing forward to your insissghts here. Stay well

  2. Happy New Year Mike!

  3. In terms of market dynamics – I'm lost without you Mike🤷‍♂️

  4. @jamesanthony5066

    Thank you Mike, I look forward to your videos every week! Great smart content as always

  5. So true! 😂😂😂❤❤

  6. @dannywindham3295

    I have a New Year Mike. Let's talk some m m t this year

  7. Yes a correction is due and probably underway. Any slowdown will lower rates which will drive up credit demand and housing market activity compensating for reduced fiscal, end of 2024 will be very bullish 2025 even more – quite possibly one of the biggest bull runs in history involving stocks, commodities, crypto and real estate.
    Governments around the world are making it easier for households to purchase mortgages whilst pushing more supply of housing under the illusion it will make it affordable (look at Canada), but instead this creates oversupply and the credit bubble will stall 2026 and lead us into the next GFC.

    • Real estate is already falling

    • @@Cyrus992 ? No they are not. US house prices have been rising for months and are at all time highs nominally and only a little off in inflation adjusted.
      They have corrected in many countries in 2022/3 but are now rising in most, UK, Australia etc.
      As interest rates fall they will rise faster, you'd need a lot of supply from job losses to push prices down and that just won't happen this year or next.

  8. Happy new year mike!!!

  9. Some of the opposing pundits “got it wrong” on purpose because they might know as much as you but they choose to follow a narrative that ensnares the masses. I found betting against Cramer to be profitable before following your channel. But now, the odds got better because I follow a sensible approach not the pundits, even when betting against them. Thanks Uncle Mike.

  10. Mike you are right where you need to be. A large channel would be a total nightmare and you would hate it!! I could just see the rants now…. lol! It would be world war 3 in the comment section. I like coming here because it feels like im apart of this little exclusive club where I can get useful insights and information that others don't have access too. I've been on this trading/investing journey for the last 8 years and It hasnt been easy staying alive and it would of been impossible without the insights of yourself and a few select others. This "little" channel holds big value and I truly appreciate you showing up as you do. Thank you Mike!

  11. It's all a narrative Mike. You are the opposition and not authorized to tell the truth. That's why your channel is "small". Keep doing what you're doing though… The world still needs it. Thank you!

  12. @homeyoutubechannel6609

    Great video to start the New Year! Funny, on point and brilliant as always ❤

  13. Happy New Year Mike.Thanks for all the great info you share with your followers.

  14. @user-it1mc3nq7h

    ❤👁

  15. Mike, could a lowering of the interest rates see an increase in some flows from the private sector through borrowed money for new homes and small biz?

  16. Happy New Year Mike! Thanks for sharing your insights.

  17. Happy New Year!

  18. Team Bushel basket, babyyy

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