by Summary:
Historic changes in sentiment, only to turn around and go the other way on powell’s comments. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Historic changes in sentiment, only to turn around and go the other way on powell’s comments. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Historic changes in sentiment, only to turn around and go the other way on powell’s comments.  |
I like your new Bohemian look man👌
Fight Satturday Night. Who ya got
Mike assumes if the flows are strong, they all flow to the long side
That is the wrong interpretation.
It’s not about the market. It’s about the economy. You obviously haven’t learned anything from my videos.
@Mike Norman MMT Economicsthe economy is terrible so why is that bullish for markets?
Wonderful!
Yeah, but its not doing much for Tesla!
I deal in macro. I own Tesla, but I don’t put all my eggs in one basket. I have a diversified portfolio. If you put all your eggs in one basket, I can’t help you.
Keen to get your read on oil/energy if you’re up for a chat on the topic Mike. Thank you!
It’s a joke to see how everyone views the Fed as the master of the market universe. It all started with the days of Greenspan
What is bullish? DXY or Stocks?
The market dumped because bond investors have no confidence in the health of the American economy, not because Jpow told someone to shut the f**kin door.
❤👁
Hey Mike, sorry for the late reply. I was expecting the market to cool or even drop a little due to your reasoning. When you said yesterday that the government had an issuance of 270 billion and redemptions of 220 billion, would that not have been a drain of about 50 billion? I know you're saying that most of that money was moved from reserves, but aren't those reserves used in banking to facilitate loans? Either way I was also expecting this drop to be short lived since the government is paying that 50 billion, plus / minus, back out on the 15th via interest. They're using the Mastercard to pay the Visa.