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Market movements now are pure emotion.

Summary:
Investors have ZERO understanding and yet they are projecting outcomes. We’ve seen this before.

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Investors have ZERO understanding and yet they are projecting outcomes. We’ve seen this before.
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.

21 comments

  1. It;s different this time, NOT

  2. Tarriffs will take USA out of the required trade volumes to maintain king dollar. This will end. Countries do not trade with USA than they dont need USD correct? Trump undoing what took 80 years to give the USA the advantage.

  3. Technical analysis is … Astrology – looking at patterns without any basis for causation.

  4. Only thing that is certain is the billionaire backing Trump will print money to save thier asses and assets.

  5. Let’s go 10k subscribers!!!

  6. @BobSagetSquarePants

    Good video Mike, i'll tell you a secret… some of us dont give 2 shits about mmt and just want your assessment of Mr market.

  7. Well said about Musk Rat. He is trying to get back his 44 billion or so loss buying X. among other things like Tesla car deaths investigations. A total piece of shit.

  8. Thanks, Mike. So lovely watching the sun set behind you. I hope you get your tomato thieves under control soon.

  9. Update on the tomato situation?

  10. good video today 😀

  11. Thanks Mike! Great stuff, as usual.

  12. Mike, all this I don't know this, I don't know that is not helping. Can you get me in contact with The System Fairy? I don't have time for this.

  13. @kaitlynbermudez1671

    I know one way "They" "The Powers That Be" could defame a presidency and strike back amongst all the other things they have already done, is to have a temper tantrum with the market.. They own the majority of it anyway.

  14. ODTE have been free money lately ?

  15. Mike thank you for helping me to see this shit thats going on. appreciate it. I'm a better investor because of it.

  16. Is mike always this pissed off in times of high market volatility to the downside? How will he handle a recession lol..anyway a 10% pullback on the s&p is healthy for the market and we are not there yet…good night

  17. @davidleonard7874

    I love your perspective.

  18. @cortomaltese5038

    Mike WTF is happening to DX? Crazy.

  19. Are the collected tariffs supposed to 'pay for' tax cuts?

  20. Ray Dalio used to be a rabid gold bug and maybe still is

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