Tuesday , April 23 2024
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Stocks not reflecting slowdown in economy. But they will.

Stocks follow economic conditions. GDP growth has slowed. Expect a correction.
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.

7 comments

  1. Thanks, Mike.?

    • Flip flop like usual

    • @Zakariya Afgane You are making no sense – no offense, maybe it's a cultural difference – but what "flip-flop" are you talking about, and even if true – what's wrong with flip-flopping? (professional derivatives trader for 20 years here)

    • @Zakariya Afgane Smart people change their outlook when the data says they should. Consistency is the hobgoblin of little minds.

  2. Risk-on/risk-off indicators have been very confusing as of late…

  3. Long bonds dollar to victory lane

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