Monday , November 4 2024
Home / Video / Many see this market as detached. It’s not.

Many see this market as detached. It’s not.

Summary:
Record gov't transfers to the economy are keeping corporate profits supported and the market with it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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Record gov't transfers to the economy are keeping corporate profits supported and the market with it.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



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



Mike Norman Twitter

https://twitter.com/mikenorman
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.

15 comments

  1. Just flew from Las Vegas to Augusta. Great to be in the same time zone

  2. Hey Mike, could the likely small increase in consumer loans/credit card growth be from black Friday/cyber Monday?

    Also, not asking for financial advice, just interested on your opinion with respect to buying March 2021 TLT calls at $170 strike to hedge against a potential correction in the stock market between now and then – the risk reward seems very good at $1.30. Thanks!

  3. But what if inflation went higher than what the S&P yields its looking possible, wouldn't that spark a sell off

  4. Mike I have been watching your videos for years, you are the most accurate person on Youtube. Your timing isn't always perfect but that doesn't matter because you get it right on the big picture. Thanks

  5. garyseeseverything

    My kids and I tested positive with Covid. I got hit the hardest, Trump should be tried for war crimes for encouraging people to treat this as a joke

  6. Mike Norman will be ending the 30 day free trial offer and introducing a new 720 hour free trial offer , so make sure to act now jk….. hahahaha……. u know u wanna laugh

  7. Persona non grata

    Appreciate the comments on oil, I am very bullish on it. Canadian oil stocks are still available at half price. A correction would be nice followed with a long climb to the end of this Covid thing.

  8. Finance & Economics

    I gotta disagree with you on this one. There's a significant disconnect between the markets and the real economy.

    • Wrong. Spending is higher than its ever been therefore markets are also at all time highs as profits will continue to roll.

    • Wrong! That may be true in the case of those large corporations that are responsible for most of the gains in the major indices, but the real economy includes businesses large and small. Small and medium sized businesses are struggling to stay in business. Just because the markets are at all time highs, doesn't reflect what's happening in the economy as a whole.

  9. Would market be where it is now if Fed didn't step in into corporate bonds with $2T, literally telling investors it would not allow any bankruptcies? Not to mention couple of trillions that went into other programs. If this is not money printing then I don't know what is

  10. As Mike always says, the flows may be strong but those flows don’t tell us much about distribution. The markets are obviously connected to the real economy but we should ask how, where, and who benefits? Higher GDP doesn’t mean everyone is better off.

  11. below 3500 the correction starts

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