by Summary:
Things you should know if you want to be a rational investor. If not, just freak out and panic like everyone else. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Things you should know if you want to be a rational investor. If not, just freak out and panic like everyone else. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
John Quiggin writes The war to end war, still going on
New Economics Foundation writes Reclaiming our regions
New Economics Foundation writes New Economics Podcast: Why is the benefits system failing disabled people
Michael Hudson writes Jill Stein: Splitting the Pro-Imperial Vote
| Things you should know if you want to be a rational investor. If not, just freak out and panic like everyone else. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
Water flowing into the pool… just no pool party, yet.
and straight down the drain
consumer sentiment at a record bottom. we have HIT A BOTTOM. stocks will now go up from here. mark my words
@Mrs. Hemminger sold my oil positions, I think it has hit its peak. Made a good profit, don't wanna get too greedy.
@Mrs. Hemminger Yeah I think honestly indexing is best for most people. Takes a lot of the guesswork and speculation out of it. It's hard for most people to outperform the index honestly.
@TheReaL Cool what makes you think it hits its peak? the war hasn't ended and oil could keep going up
I Agree, oil has further rlegs to go up, may be it hits $150 in near term
@Mrs. Hemminger It wouldn't be bad to load up on VT. I wouldn't touch commodities because they are so prone to cycles, so I leave those to the traders. Watch strongman personal finance it's pretty good.
Things dont add up cuz the Fed pumped in not only visible but also invisible balance sheet which adds up to much bigger debt. So, they are still unwinding the ghost balance sheet. That is why we keep falling while sucking up the retail money down the drain with it….
Monthly flows are not enough to prop up the market. The entire world trades in the U.S. stock market not just retirees and service men. It’s more complex than what the govt is paying month to month. If people get spooked, next thing you know some sovereign wealth fund that bought in for 10 year starts dumping and then 20 others follow suit. My take is that fiscal flow is a small part. It’s important, I’m not bringing it down, but there is a huge amount of capital in the world slushing around and if they get spooked, it’s over. Strong payouts month to month aren’t going to turn the tide
Really like your comments. I am also tracing fiscal spending on daily basis, and in a big picture, there is a kind of relation between stock market and fiscal flow, but it takes some months to reflect it.
Yeah, but if someone is selling, don't forget someone else is buying.
1980s again?
Thanks for all your hard work, Mike 👍
Ya so what, Mike u think the wealthy holders of bonds see a percentage point increase on rates as a windfall to add money to the economy? U think they are gonna buy anything with their bond coupons? Delusional
Here’s my thesis: inflation is causing consumers (70% of GDP) to slow way down on spending. The stock market is confirming their fears. People are starting to lose their jobs, further confirming their fears. As consumers freeze up, everything sinks.
The money might be going into the swimming pool. But only a few are swimming in that pool! Most everyone else is baking on the edge with a tiny straw 🙂
BANKS WIN ..the average Mike LOSE
Appreciate your candor Mike thank you for your videos.
Mannn I think a down market is a reason to celebrate. Lower prices are good, for value investors.
I think too many people got too used to the market going up practically every day, for years. The situation has changed. I expect the market to stairstep down, if it's doesn't crash suddenly, at least for the next several months.
Excellent perspective Mike. Thanks for all the great information which we can't find in headline media. Take care!
Great work as always Mike!
The news mows says possible just possible recession. The new catch phrase on CNBC is “short & shallow”. These are same specialist that said transitory. I say long and painful.
How can you even be bullish now? It's literally the bottom lmao
thank you Mike, I think you're right a lot of emotion out there now . As the supply chain loosens up, I think inflation will ease. I think it will be up from there.
thanks
why is it so hard to accept that most people believe in discounted cash flow analysis?
It doesn't matter if you think it is wrong, it is what drives behavior
Hi Mike, maybe core is going down bc demand on the core side is going down. Demand on core is going down bc a larger % of incomes are now allocated to energy and food.