Wednesday , October 30 2024
Home / Video / Eight raid cuts over the next 12 months?

Eight raid cuts over the next 12 months?

Summary:
That’s Citigroup’s forecast, and it could happen. 

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Editor writes The 2024 economic laureates and more Nobel nonsense

Lars Pålsson Syll writes Central bank independence — a convenient illusion

Robert Vienneau writes Elsewhere

Lars Pålsson Syll writes La blague raciste qui pourrait coûter cher à Trump

That’s Citigroup’s forecast, and it could happen. 
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. Warren Mosler says US Gov is spending like a 'drunken sailor'. The the combo of high deficits, high debt/GDP, and the Fed's strategy here is making inflation worse, and may push it higher.

  2. @user-it1mc3nq7h

    ❤👁

  3. When the government spends money it crowds out other investments. Mike talks about net spending as always being good but that's not true. When the govt. spends money it has to syphon liquiduity from the capital markets – it takes money from investor peter to pay construction worker paul. The Fed isn't around to provide liquidity.

  4. @thomasmascari2453

    Why not go a step further from the year over year deficit context? Could factor in where the deficit needs to be to create full employment, relative to where it is now. With that context the deficit is ALOT lower, compared to the year over year view.

  5. I'm paying attention, also like the boat on the stand. Rowing dory?

  6. Won't be anything like 8 imo, but any rate cuts will increase bank lending (mostly to real estate) so growth will not slow despite some reduced fiscal stimulus from bond interest.

  7. Thanks Mike and hey fellow viewers make sure you like and subscribe to Mike's videos as Mike said it really makes all the difference, Youtube's Algo only cares about this, in getting his videos in front of new viewers so they can start to understand we are not broke and learn about our monetary system.

  8. Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June

    • How please

    • 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.

    • 😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

  9. @darrenhere5856

    good stuff

  10. Thanks for the updates, Mike. I'm holding pat and keep regular investing in my 401K.

  11. @therealcool1144

    Mike I hope you never retire, please get a successor if you ever retire

  12. Looks like you’ve been getting some ☀️ Mike. Hope you had a good 4th 🇺🇸

  13. July is historically a good month

  14. @barrymcbrush5452

    Great MMT Report today Mike! Loaded!!!!!

  15. @barrymcbrush5452

    Join MMT Trader if you want to learn how markets really work! Take it from me, you'll only regret not joining sooner.

  16. @barrymcbrush5452

    Hey Mike! The U.S. Flag on the wall behind your right shoulder would be a great addition in my opinion.

  17. @scottgottilla

    Have you thought about co-publishing the audio of your daily YouTube's to your podcast channel?

  18. @johndiana5276

    Well laid out theory, which sounds very reasonable. A comment for you Mike.

  19. I don’t like the current technicals on the bank stocks, especially Citigroup. That train left the station a while ago. Wouldn’t be jumping in right now. You always say don’t chase and I agree.

Leave a Reply

Your email address will not be published. Required fields are marked *