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More signs of weakening economic activity.

Summary:
Diesel fuel demand (commerce) and rising unemployment benefit flows. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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Diesel fuel demand (commerce) and rising unemployment benefit flows.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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.

13 comments

  1. Mariam Grigoryan

    Bendiciones hermosa Celina que Dios te cuidez donde quiera que Sexinlocall.UNO encantan tus videos.

  2. Thanks Mike great video surprised you didn't bring up the sweednen and Finland joining NATO but looks like Putin says he has no problem with it I find that a bit hard to believe to have nato on his border. It would be a smart move for nato if ever a war breaks out nato can use Finland to prepare troops unfortunatley this is just the world we live in

    • He said if NATO installs their military infrastructure there Russia will have to respond. He didn’t clarify on what the response would be. Could just be targeting of their cities and sites for potential retaliatory attacks or maybe something preemptive. But he did address it.

  3. DOW chem div is looking nice.

  4. mike has all the right calls the zombies are losing

  5. The "simple fix" just doesn't work, and I seemingly have to tell you this every time.

    Look up what what grades of crude refineries actually use and what grades are being exported. A lot of US production is too light to be used effectively in domestic refineries, and thus it has to be blended with superheavy crude from canada or latin america or simply exported. To force that stuff to stay stateside will only cause further imbalances in the refinery complex which is already running at full capacity. If you run light crude through a refinery geared for medium or heavy grades, you are only running at partial efficiency, and the refinery eats a loss doing so.

  6. The oil companies own the oil supplies they pump out if the ground don’t they?

  7. thanks

  8. Mike finally a fair view of the energy situation, they tried for a green change but the time is not right to do a severe change. Today fed lease sales started for drilling again.

  9. Testimony under oath by the Trump woman aide is damming, and Trump should be prosecuted to warn future strong men or woman, you cannot surround yourself with yes men like hitler in the USA. vote the bastards out and vote the new bastards in.

  10. california is handing out 1000 dollar checks, rewarding sitting on your ass and punishing people who get up work hard and extra to get ahead, meanwhlile the billiionaires get a free pass. This will end badly. More inflation other states doing this too.

  11. Jelle Brinkhuis

    If rates come down, stocks should fly, not just bonds.

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