Monday , February 24 2025
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Panic attack hit the market today.

Summary:
Investors got spooked but conditions are still bullish.

Topics:
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Investors got spooked but conditions are still bullish.
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. Don't understand why you're concerned about 2nd tax date in May – this is not some kind of an extra tax, it's just the payment that normaly would've been due on April 15th and now is due 2 weeks later. The same amount of money, just spread a little bit longer.

  2. March 15 corporate tax drain

  3. I bought today with discount!!

  4. Mike 'Tyson' Norman 🥊🥊

  5. Rothschild said…..sell.

  6. @financeeconomics1057

    People aren't gonna fall for the Corona virus again.

  7. @financeeconomics1057

    You should do a video on the impact of abolishing the IRS, which is being talked about.

  8. We are due for a recession

  9. Om Young with higest testo

  10. Naw Tyson was paid to not ko paul

  11. Mike you are freaking awesome dude

  12. @zbigniewtomczak4437

    Why the stock market fell today? Just read the headline: "Trump: I will soon impose reciprocal tariffs"

  13. I Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week .i started with 3k in last week ….. now i just hit $12,590…

    • How did you manage to achieve that level of growth? I've been trying everything I can to improve my investments, I want to retire in a few years and I need a better diversification

    • One of the most well-known people in her field is my CFA, Melanie Lasser.. I suggest looking into her qualifications in more detail. With her extensive knowledge, she is a great help to anyone trying to understand the financial market.Investment

    • Ms Melanie Lasser trading is the best way of making money in the market due to lack of experience which resulted in loosing funds.But miss Melanie Lasser, restored hope shes a good woman

    • She is my family's personal Broker and also a personal Broker to many families in the Canada , she is a licensed broker and a FINRA AGENT in the United States.

    • @MichelleJessica-x8j

      She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto and stock investment with her

  14. Very good video Mike, I shorted S&P500 yesterday around 6,113.02, let's see how it goes.

  15. @thethrifthuntress1278

    If the government drastically cuts spending, will we get deflation?

  16. Question: if govt stops spending and stops taxing, doesn't the low velocity of money result in economic stagnation?

    Related Question: does the high tax and high spend approach of Nordic countries create prosperity by increasing the amount and the velocity of money creation and destruction?

    (I often get stuck in this loop where it appears govt creates money, to energize resources to build a hospital, and the hospital builders earn a living, and the money is then taxed out of existence, yet somehow we ended up with a hospital which seems not to have 'cost' anything because the money was created out of thin air and then destroyed again. Money is transitory. Hospitals or schools last a good few decades. If this were true, a govt could leverage the hell out of creating and destroying money and do astonishing things, only limited by real resources)

  17. @patrickdennis7041

    Mike, I would like to know your opinion on Gold. Elon and Trump going to Fort Knox. What does it mean if not all the gold is accounted for? What does it mean if more gold is there, We are stockpiling Gold? I think that the day we decoupled the dollar from Gold was the birth of MMT.
    I own Gold. Not a Gold Bug. Diversify.

  18. Easiest buying opportunity ever

  19. you don't wanna get any kind of concussion at your age. You'll get knocked out and never wake up.

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