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Home / Video / No drop in interest income transfers.

No drop in interest income transfers.

Summary:
Transfers are actually up now over last year.

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Transfers are actually up now over last 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.

10 comments

  1. WELP no need for rate cuts I guess

  2. Great work Mike! Very informative MMT Report yesterday as always.

  3. You were bearish in August

  4. Nobody should be talking shit to Mike right now. Sure, he got bearish early, but you cant be right 100% of the time in this game, especially not on timing. This update was a gift that didnt have to be given. Much appreciated Mike! I get to keep my bull hat on for a while longer.

  5. If you were right earlier about higher interest transfers causing inflation then we might see that rear it's head again.

  6. I'd like to remind you of your video, "Hold me accountable from now going forward" on 6 Aug. It's a shame you don't respond to comments from the community (apart from the haters), as you could have explored some points I made, such as the fact that interest on securities continued for considerable time under Reagan, resulting in the boom, because interest is paid for the full term, which can be up to 30 years. I know you'll take this as negative but, apart from ignoring genuine followers, your channel is brilliant.

  7. Mike tells it how it is

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