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Price means nothing, but that’s what most people use to invest.

Summary:
Price is determined by basic conditions and fundamentals. Not the other way around. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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Price is determined by basic conditions and fundamentals. Not the other way around.

Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman
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.

17 comments

  1. You have to be kidding

  2. Great work Mike!

  3. As an Aussie I'll buy the Dollar in the truck load if it's cheap (mind you it's a little truck) it's real handy for travelling overseas

  4. Get the MMT Reports!!! You'll understand in detail why videos like this are so loaded with value.

  5. One of Mike's over the top videos!

  6. Completely agree. Conditions are key, not price. ?

  7. Stock market might be holding up despite bullish sentiment 'may be' because the dollar is going down… stock market 'appears' to be going up (very slowly) in USD, probably down if priced in Euro. Let's see who USD priced stock will do once we get a pull back in the dollars (in addition to sentiment and potential for other interesting election related surprises)

  8. What was the change of policy that occurred in march 2000 ?? Yes some interest hike but mostly sentiment….

  9. Mike – Awesome, as always – Thank You!!! ✌✌✌

  10. Tesla making lionshare of so called profits from selling credits for energy to other companies.

    • People/institutions are so heavily invested in it that they choose to overlook that fact. Michael Burry has decided to short it

  11. Price is determined by what people (or algorithms) are willing to pay, which is itself determined by many factors such as what other people are paying at that point in time. We can perhaps assume that prices may ultimately tend towards a "correct" value based on fundamentals in a wisdom of crowds way, but it probably won't always be the case.

  12. Best channel on YouTube.

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