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Hilarious zombie monetarists can’t understand this market rally.

Summary:
They have to rationalize what's happening through their limited analytical framework, and it's hilarious to watch.

Topics:
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They have to rationalize what's happening through their limited analytical framework, and it's hilarious to watch.
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.

24 comments

  1. Macro Alf posts the dumbest shit I’ve ever read

  2. Mike of all people should know they won't learn, regardless of a catastrophic downturn lol

  3. Mike I have called every Republican in the freedom caucus and gave them a piece of my mind. Including that scumbag chip Roy. Sometimes I got a human being to yell at and sometimes I left a message we got to let these people know. I am not going to lay down for these bastards. Please folks call these people let them know don't touch Social Security in any way except for a raise. Mike Norman thank you

  4. M I K E Y !!!!

  5. folks just because CNBC and Peter Schiff and the rest of those scumbags say this crap doesn't make it true. Just because some Wall Street Punk who's wearing a suit and got a $200 haircut and spews this s*** it doesn't make it true. Just because some knockout looking babe on CNBC says we're going deeper into debt we're selling our debt we're selling our debt she doesn't know what the s*** she's talking about she's got a script. Pull your head out of your butt and listen to what Mike Norman is saying he's telling you people the truth. I don't know Mike I don't know

  6. I like listening to monetarist hard money gold bug youtube channels for entertainment. It's always good for a chuckle.

    • The reason why it’s funny to listen to the gold bugs is because their arguments are so incoherent and they don’t even see it

  7. cool shirt

  8. My Dad refuses to talk economics with me anymore because I smash him and turn his ideas about money upside down.

  9. They might to it to kill the economy and bring in there new digital dollar

  10. If Dems can get through the debt ceiling without conceding spending, 2024 will be secured for them.

    Hard to predict politics though.

  11. You would think that everyone figured out that fiscal is important with the speed of the recovery from the covid crash.

  12. 💙👁

  13. Many of these monetary economists fail to realize that QE did nothing to stimulate the economy. Where are these people getting qe from?

  14. I hope they don't stop thinking the way they do, as frustrating it may be

  15. Mike when is your website going to be good for paying for the course? Could You let us know when please

  16. Appreciate ya Mike

  17. Great as usual. The timing can never be perfect but that's mr. market. Also as new data comes in the plan changes. But this stuff is vital.

  18. At this point, the beliefs about economics by monetarists are almost like superstitions, they have an idea based on how they want to look at it and they have a deity i.e The fed which they have to appease to. It is very entertaining to watch their own argument of their theory are self-defeating.

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