Saturday , May 18 2024
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It’s becoming Orwellian!

Summary:
Good is bad and bad is good!

Topics:
Mike Norman considers the following as important:

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Good is bad and bad is good!
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.

18 comments

  1. you are getting weak if are multivaxxed, this is becoming apparent

  2. I wish you would come on our show and talk about interest rates. We get a lot of views.

    • I found Mike through one of your twitter post back in June/July of last year, and have been trying to get him to go on your show ever since.

    • @Earl lol, nice. Christian Riley from MMT podcast and 2 time guest on Sitch & Adam turned me on to Mike. He called the feb 15th top. Sold a bunch of stuff at the top and have been buying it back on these dips. Hope to do this a few times with the April and March Tax drains. 😉 Mommy Milker Theory is all about milking this market!

    • @ADAM FRIENDED I've been following everything he's mentioned very closely. When he correctly said August of last year would be a green month and then the dips in September, I started researching the Mommy Milker Theory more. I was on the other side of the fence before. Talk about seeing the economic landscape from a whole new perspective. It's like breaking away from a religion. It's kind of wild.

  3. Ladies and dengentlemen. We have Mike saying economy is booming and Greg Mannarino saying economy is dying. Make your bets please. Which one of the crazies is right? To be continued…

    • Mike Norman MMT Economics

      Not booming yet but accelerating.

    • Well, Greg Manarino's videos are difficult to listen to, every day is the same, pessimistic, over and over the same narration, click-bite headlines, everything scary he is exaggerating, but look at the number of viewers, everyone loves sensation.

    • @JB Everyone loves doom and gloom.

  4. Buffett, one of the world's most successful investors, cautioned that "fiscal deficits have consequences". Why would he say this?

  5. totally agree. it makes my skin crawl when they pine for above 5% unemployment. its like saying "i hope all the other houses in my neighborhood start peeling because i dont want to paint my house." its so nuts.

  6. Fed fund flows have been redirected into equities to deter folks from buying 5% tbills.

  7. Finance & Economics

    F the Central Bankers!

  8. Cryptonite Clark

    An idea for a future episode…most people believe it's a good thing that central banks are independent, although obviously it's only superficially. Should they be? Should unelected officials have the power to raise interest rates and, thus, spend Government money?

  9. You might have long covid

  10. ❤👁

  11. Great work Mike!

  12. Awesome ! Thank you for the schedule

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