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Oil, fiscal flows and QT.

Summary:
Some signs of demand slowdown in oil. Is fiscal slowing, too. And, there's no such thing as QE and QT.

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Some signs of demand slowdown in oil. Is fiscal slowing, too. And, there's no such thing as QE and QT.
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. First! Happy Wednesday Mike!

  2. Meanwhile, the other day Austin Texas airport ran out of jet fuel. The issue said to be increased unexpected surge in travel. Maybe all the oil producers leaving town.

  3. Regarding energy, we cannot use all the grades of oil we produce so some has to be exported while some needs to be imported.

  4. What if spy does sharp rally instead of wall of worry – more likely a blow off top ?

  5. Yeah, Putin is a murderous psychopath and war criminal. He may win the war by destroying the country. I'm not sure why you appear so happy about that. You do not know how to think.

  6. Do you admit now that the "bio-weapons labs" conspiracy theory was bullshit?

  7. Right just like the soviets did with Afghanistan….o wait that didn't work out either.

  8. You're the best Mike!

  9. Join our MMT Team! You will only regret not joining sooner!

  10. Why are Nazis fighting for a Jewish president?

  11. Mike I am not an economist and even I can see that what you have said over the years comes true. How can these 'experts' not see this too? Are they all acting? I'm a professional engineer so I can do the Mathematics, but this is about explaining how this works and I can't help coming back to the book the 'Emperor and his new clothes on this. He's naked and you said he was years ago. I really don't get what so many other people don't see when it's there in plain sight. I guess it's ideology blocking the ability to see things as they are.

  12. Market CrystalBall

    Im actually getting scared by how much information is getting restricted and concealed. Their hiding the truth so we never be set free…

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