Thursday , March 28 2024
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Here is my ideal stock market scenario.

Summary:
If this happens, we can all retire in 2 years.

Topics:
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If this happens, we can all retire in 2 years.
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.

20 comments

  1. You're great Mike. But please don't retire yet. I'm waiting to get enough earnings from my stock trades to subscribe to you with those earnings. Also looking into paying for your courses. Have you fixed the website links yet?

  2. Travelling Charles

    When you say the market was up today and was nice, did you get nice? Tell us you made money to get more pizza dough. Luv your vids man.

  3. Got to give Mike credit: he has been spot on the market this year. Plus, Mike keeps it real and entertains us with his colorful life stories.

  4. Mike, your story yesterday showed courage. We all have stories of our own. You’re not alone brother. Good on you for going public with it. 👍

  5. I appreciate you man , keep being you and giving it to us raw and real. We need truth with soo much false narratives online 🙏🏼

  6. Thanks Mike! I also enjoyed the stories about your Zurich adventures. Wanted to see if you could talk about the role of IMF in our fiat currency system.

  7. ToHellor Barbados

    You'll retire? Like Warren Buffett will… my arse… 🙂

  8. Michael Scollan Jr

    Thanks Mr. Norman for clearing things up again. But I have a question. Are budget deficits inherently inflationary? Or does inflation arise from public sentiment? Or is it a combination of both? Thanks, Mike.

  9. Buffet says to have stocks in businesses with "good management " What does good management look like?

  10. Great now I have a timeline to stop losing all my money on leverage! Although been making improvements already. Building habits pretty good.

  11. American Exploring

    I'm waiting to hear Mike talk in French.

  12. Kino Casino VIP Fanboy

    Mike the Spook angle? Can't wait to hear the story! Hehe.

  13. Kino Casino VIP Fanboy

    Mike a quick question. I know you talked about this at length but I heard this angle recently that supposedly if USD would lose reserve currency status, oh then THEN we would see US defaulting and broke. Of course doesn't sound plausible, but I'm curious if this scenario would be any danger or is it still people who don't get the debt thing? Thanks in advance.

  14. I enjoy these videos, but I wish there were more MMT channels. I'm not in US or an investor. The only economics I know I learned from MMT or MMT-adjacent economists, who write books and articles but don't have channels. This is the only MMT channel I've found. Just want to learn more and understand what's going on economically. Any shout outs to YT channels would be much appreciated, thanks

  15. Mike, really liked you post a few days ago about why we don't owe China anything. But then it dawned on me that when you said We Already Paid Them When We Bought The Shit From Them, that you are talking about private US citizens and or the US govt buy products from Chinese companies. How does that translate to what the Chinese government is doing? Not that I think we owe the Chinese govt anything but I know some friends that will point this out. Does the Chinese government buy treasuries? And how is that done? Also buy selling the US govt things. Then using those dollars to buy US securities?

  16. I just made a whole lot of money, just by listening to you in December. I bought some stuff in December. Paid off well. Thanks Mike. Will continue to support you.

  17. Do you have an email…I want to ask you a question?

  18. Fairly new subscriber. A lot of generic info on this channel. Be more specific and give actual advice and your channel should grow.

  19. 💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛💛👁

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