Thursday , November 21 2024
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Take their moonnneeeyyyy!!!

Summary:
Ignorance is a gift. To us. 

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Ignorance is a gift. To us. 
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.

28 comments

  1. @eatlaughandstupid4430

    Another great lesson Mike. We really appreciate you.

  2. I'm favoured $30k every 8 weeks! I now have a good house and can afford anything and also support my family

    • @SarahHopkins-r2x

      How please

    • @SarahHopkins-r2x

      I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

    • I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

    • I'm not here to converse for her but to testify just for what I'm sure of, she's trustworthy and best option ever seen.

  3. @boostaholic8128

    Does she really adhere? Or is it just part of the plan..

  4. Hello from UK from my point of view now is definitely NOT the time to do any kind of austerity! Do you really want recession to UK how that's going to help post brexit Briittain,

  5. @danialputros1850

    Dear Mike. I am a degenerate who looks at the yield curve. I am sorry =P. I have watched you for a long time, and I love your work even if you don't reply to my emails, haha. However, is it not valid when the Fed raises interest rates, which initially affects short-term rates and, in turn, inverts the yield curve due to fast rising in the short term? I always understood that recession comes after it is uninverted, like most of the time. I will post the link soon. However, my question is that the yield curve agrees with you since it begins to uninvent or steepen when the Fed starts to drop rates, which lowers the monetary giving or adds to the nongovernment, which usually signals a recession in the making by the government because they reduced their giving or spending to the nongovernment.

    fed 10 year minus the 2 year spread
    https://fred.stlouisfed.org/series/T10Y2Y

    this one is a treat =P
    https://www.conference-board.org/topics/us-leading-indicators

    Fed unemployment rate seems to curve up
    https://fred.stlouisfed.org/series/UNRATE

    Federal fund effective rate usually signals a recession when they drop, which is what you explain
    https://fred.stlouisfed.org/series/FEDFUNDS

    I seek education and knowledge =P and a beating if necessary haha.

  6. We don't have a $35 Trillion national debt. We have $35 Trillion in bond sales. If you are insistent on getting rid of that, stop selling bonds. Each year it will go down until it's gone and it won't have any affect on the ability of the government to spend.

    • @tomcop668  no.we had $143 trillion in bonds issuances in FY23 most were rolled over. Debt added to deficit FY23 $1,7 trn paid for in full

      $143 DEBT ISSUANCES
      $140 REDEMPTIONS
      Apprix $120 rolled over.

      $20trn withdrawn to pay for maturing debt $18trn & $1,7trn deficit & interest

  7. @johnspielberger518

    You know the markers , i watch your channel for a gobal pespective . Keep it coming….

  8. @therealcool1144

    Amen brother

  9. Thanks for the updates, Mike. I'll be accumulating some MSFT on sale tomorrow.

  10. scooped up that $MSFT when it went on sale early after hours. already nearly recovered at least by the 8p close

  11. Anti austerity but a republican 🤔

  12. It is not stupidity in my opinion but the real intention to create economic recession in Britain or wherever , it makes the population accept reform that wouldn't otherwise. They are not stupid or uneducated in economics, they are devil and they do not care of family, or kids if they suffer because their intentionally economics criminal policy decisions.

  13. @andreytsarukyan3627

    Take their money – is a very good name for your channel Mike 😊😊😊😊😊😊😊

  14. I think Rachael Reeves should watch finding the money.

  15. Low cost index fund is the best asset to accumulate

  16. Austerity after spending and issuing insanely, literally printing money trhough deficit… This is why people are suffering, inflation while not having a fully socialized economy.
    Amalgamation of capitalism… crony capitalism.

  17. @barrymcbrush5452

    Great job Mike!

  18. Confusing. You’re describing an environment that would imply a correction in the market and slowing in the economy w possible yet you’re buying falling stocks? Trying to understand

    • Like Mike said, when economy falls, doesn't mean every sector falls. Some sectors rise. I.e when rates rises, it helps big banks but hurt small ones. He analyzes and buy the sector which will have positive impact. One has to watch his vids and form a decent picture before one understands what Mike is talking about

    • @@zaiks0105 yes he said he bought MSFT for example and other large cap tech

  19. Austerity is a sadistic economic measure.

  20. Mike … you been mentioning austerity for a long time. If more of so called leaders listened to you, their country and the world would be a better place. Believe it or not, YOU helped save the US to a degree

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