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Stock market rally is totally understandable and still has legs.

Summary:
It's all about the fiscal flows. That explains the rally. It's not "disconnected" as many think. But a correction could happen, but you need this first. 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

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It's all about the fiscal flows. That explains the rally. It's not "disconnected" as many think. But a correction could happen, but you need this first.



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
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.

11 comments

  1. Printing Money Gang.

  2. 4:14 yeah, however that 700k contracts at 3500 spx may be worth more than a million contracts at previous highs like 1000 index points lower

  3. I think short dollar is a bit iffy

  4. aaaye whats up every bodaaayy

  5. Finance & Economics

    It's beyond crazy!

  6. Understanding crazy. I can do that. Better than expected. Of course, that's only my opinion. lol

  7. Great MMT Report yesterday!

  8. How long does it take to be "All in" on 5 Tech Stocks? Just curious.

  9. 01:21 Dissappointing jobs report? That will pump the market by 5%, minimum. The market loves bad news

  10. It seems like such an obvious play, that the usd will fall and gold will pump. So obvious, that it should do the opposite no? Markets never give us a "lay-up"

  11. Yisraelite International Chauvinist Patriarkhy

    Mr. Norman, is cash in brokerage accounts counted as personal savings in the economic data? Also, did you pitch your mmt segment concept to The Blaze or NewsMax? Wgn is also starting a news channel.

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