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On a day when it was never more clear that inflation was indeed transitory, Powell says he no longer believes it's transitory. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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On a day when it was never more clear that inflation was indeed transitory, Powell says he no longer believes it's transitory. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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| On a day when it was never more clear that inflation was indeed transitory, Powell says he no longer believes it's transitory. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
TLT to da Moon!
Too bad Burry closed his shorts. Maybe he would have learned something? Lol
Mike understands economics more than any living being, esp more than anyone in congress. Thanks mike. So grateful to have found your channel. I’d be an idiot zombie like the rest of everyone if it were for you! Lol! 🙏🏼🙏🏼
I think Powell is doing this for optics. Seems weak though. He shouldn’t have to placate the zombies.
Join our team!!! Mike rocks!
Iron ore is down 60%, lumber is down 50%, steel prices are down 25%, soybeans are down 25%, corn is down 20%, oil is down 20%, base metals are down 12% and Powell decides today is the day to join the consensus inflation bandwagon. Great timing! -"David Rosenberg"
Joining MMT Trader was by far the best financial decision I've ever made! Mike always keeps his finger on the pulse of the markets and keeps us all up to speed in real time daily. MMT Trader rocks!!!
I welcome a deeper correction, let it nose dive! Lower prices are good.
Lower is lower 😄!!
he’s a tool
We need more of your Podcasts on Spotify my man…patiently waiting.
Wow, fascinating. Thanks, Mike!
Powell talked the inflation out of all asset classes today,
forex USD dropping and Euro rising again equities go up.
Have no fear just like the trump admin . first year they bull rushed the tax holiday bill thru in 2017, same shit show with Biden first year bull rush thier agenda.
Just gonna hold what I got and sell calls until the recovery.
Looks like my short puts get filled this week….
Mike, sunburn much? My wife was noticing… 😉
Good points
Great video
Crude down 25%
Prices at the pump are shooting even higher
Great 👍
You gotta give it a little time. It doesn't adjust overnight.
I left the Surveillance State 16 years ago. I don't file taxes. I received all stimy checks, and to my surprise, some random 511 usd showed up in my acct last week. I called the IRS and dude has no idea why it went out, but told me even though Im not obligated, I can "send it back if I want". Jeezus, thats the state of the Welfare State. Free money for all of us! Who cares if a loaf of bread is 79 usd?
.
I imagine Biden sitting on his chair, throwing darts at a wall of names, and mine was hit. He pulls out his trusty pen (weapon of mass destruction), and says "send this Jeffrey guy about….uh…..511 usd sounds about right"