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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
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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
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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 |
Just flew from Las Vegas to Augusta. Great to be in the same time zone
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!
But what if inflation went higher than what the S&P yields its looking possible, wouldn't that spark a sell off
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
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
So sorry! I pray you all come out the other side of it healthy.
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
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.
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.
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
The FED stepped into corporate bonds with $2T? The SPVs show about $14B in corporate debt purchases. Where are you getting $2T? https://www.federalreserve.gov/releases/h41/current/h41.htm
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.
below 3500 the correction starts