Thursday , June 30 2022
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Market bottomed. It’s up from here.

Summary:
Fed’l budget balance reverts back to deficit. Leading spending flows remain strong. Market will rise.

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Fed’l budget balance reverts back to deficit. Leading spending flows remain strong. Market will rise.
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.

16 comments

  1. This guy is a Russian sympathizer. I am sure you would been saying the same thing back then about Hitler or Stalin when they invaded Poland.

  2. Rehan Ahmed Khan

    Mike you are great realistic and hats of to you.
    @Neo, you have dead brain. Why the heck the US was pushing for Nato expansion towards Russians side? This unnecessary conflict and people dying in Ukraine could have been avoided if Ukraine was not made a proxy of US via Nato… Not to say war is good but dumb politicians couldnt handled an obvious avoidance of war. Now pay for more bills dear NEO… Good luck!

  3. Great to see you enjoying life outside of the box! Hoorah!

  4. Looking forward to Monday's MMT Report for sure Mike! Enjoy and you and your little lady have a safe trip home. Peace

  5. Bear market bounce…narket will go down 37 percent from highs…jmho…

  6. ToHellor Barbados

    "There Ain't A Horse That He Can't Handle, Texas Is Where He Grew To Fame"…

  7. It's called a 'wind sock' Mike!

  8. Thanks Mike love the view out there

  9. Nice geodesic there

  10. Looks like a scene from Breaking Bad. 🙂

  11. Finance & Economics

    Isn't it obvious already that the United States is bankrolling the Ukranian conflict.

  12. Federal Taxes don't fund spending. Whether it's for a bridge in the US or for soldiers fighting the invading Russians, who are trying to murder them, in Ukraine.

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