Saturday , May 4 2024
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It’s over…

Summary:
Federal government running a surplus. Stagnation now.

Topics:
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Federal government running a surplus. Stagnation now.
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.

26 comments

  1. Running a surplus at this point in time is criminal… immediate payroll tax holiday!

  2. Are we running a surplus because, the supply chain has been reported to take years to recover? Look at the auto industry. 100% makes sense on autos. But what other industries really make up that much of the aggregate? Pay 20k on a 5 year loan for a decent pre owned car. Or a lease program. Finance a cellphone ~1000$ every 2-3 years. Where is the american consumer spending their money? I think everyone is saving. In terms of middle class america, everyone is a contractor in the trades that makes a good living. How are building supplies doing? If rates raise. Refinancing and pulling equity out, will give contractors less work. This is Blackrocks whitehouse and i think they want to short the market….

  3. Remember it's Blackrock's whitehouse

  4. Bank loans building, inventory increasing, shelves will be stocked….oh wait. Lay of the wine bud

  5. I remember buying in a falling market when he said nothing has changed, now suddenly fiscal flows started to drain as market dips , so Mike just like other youtubers. flip flopped easily,, and guess what market wins

  6. Cédric Schwartzler

    Sound drunk? 🙂

  7. Wim Hof cold showers!! I try to hit 2 minutes but usually average 90 seconds.

  8. …I had more than a little vino last night. Damn

  9. Bad call my guy

  10. This is a different kind of drunk post.

  11. Yeah the circle jerk of media and DC trying to sell water to someone who’s drowning! Good news though COVID will be gone (at least out of the news) by Nov! Just my personal prediction.✌🏻❤️🇺🇸🥈

  12. … and you drink wine to ruin it all.
    Wine is purely bad.
    No good in it, unless you count water and the minuscule amount of other materials that are more common elsewhere.

  13. The biggest change I see between now and this time last year is a reduction in treasury redemptions. Anyone know why this is the case? It’s $1T less this fiscal year.

  14. Big Congrats ! First time I am hearing you promoted your girlfriend to Fiance Mosoltov! Like the relaxed Friday Videos.

  15. It's a very good idea if people get to setup some stuffs aside for themselves that could be bringing them money apart from there businesses

    • I lost about $8,000 trading in the stock market before I was linked to Mr Winfred Donald and believe me he helped me recover the $26,000 and made an extra of $14,000 in the space of a week and 4 days.

    • Really y'all know him? I even thought I'm the only one he has helped walk through the fears and falls of trading.

    • @Ralph Juan Yes I can believe that, I got victory with him, I was so sad after receiving my first payment with him knowing to well I invested so low with fear😓😫

    • I'm so happy for taking the bold step in working and investing $5000 with Mr Winfred Donald after a week I received $12,468 to my bank.

    • Seen a lot of story about him, he must be honest and for people to talk this good about Winfred Donald

  16. mike has all the right calls

  17. I love this show. Crop tops, lol! XD

  18. You mean they drain money out of the markets to fund the BidenBill?

  19. Great job Mike! Hoorah!

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