Wednesday , December 18 2024
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Not looking too good.

Summary:
More data coming in and it's starting to look like fiscal flows are slowing down. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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More data coming in and it's starting to look like fiscal flows are slowing down.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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.

29 comments

  1. This is when you know Mike is shooting straight. I have never seen you so gloom about these markets. Thanks as always

  2. already cashing out waiting on the crash mike has all the right calls money velocity is low low low im jumping ship with the rats seal team 6 mental game

  3. Are you Smart AS A Silver Stacker

    Told yall the economy would dry up soon as uneployment ends.. I seeing 10 – 12 per hr Jobs … And there transitory, soon as the shelves are stocked its back to the unemployed line again . We have no economy..

  4. We all gotta go "planet of apes" on this market if we want to make money. That's it, am buying AMC and Gamestop.!!!

  5. Data got held up for juneteenth…..let that sink in.

  6. Been out of market since February. Got a lot a meat out of that 100% move in one year. This market as a whole is freaking crazy. Make a stock buy list now and be patient.

  7. Mike you gotta talk about the child tax credit that's about to go into effect. Will be a bigger factor than unemployment cuts.

  8. Very competant commentary excellent mike,

  9. everyone keeps Fighting the Fed , and they always lose and never learn their lesson

  10. Finance & Economics

    25 % downside, how about 70 % downside?

  11. Yesterday was a big drop but today is also a big gain in Australia. So people who sold yesterday are probably having a mental break down.

  12. Tom Lee disagrees, and he's quite bullish and predicts S&P 4400 by the end of this month.

    https://www.youtube.com/watch?v=65mAooSMyNQ

  13. PULL It!

  14. Heaven Llewelyn

    Stay focused on #MMT behind each trade. Be impervious to headlines.

  15. Why aren’t you on CNBC or Fox Business anymore?

  16. Mike have you considered the new Earned Income Credit (EIC) going to households next month??

  17. The PermerBull is not so Bullish. Kinda scary don't you think!

  18. Good in terms of what? Is this a time to short the market? Or move out of it?

  19. Ioannis Lazaridis

    Michael would have a very good example to show if he could spend three months in any Scandinavic country. Cheers from Helsinki.

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