Monday , May 20 2024
Home / Video / Stocks are not reflecting the slowdown in the economy. 

Stocks are not reflecting the slowdown in the economy. 

Summary:
Stocks follow the economy, not the other way around. And stocks are not currently reflecting the slowdown in the economy, but they will. 

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Esteban Pérez Caldentey on the Ideas of Raúl Prebisch

Lars Pålsson Syll writes Traum eines gemeinsamen Staates

Michael Hudson writes The Black & White of Elite Imperialism with Jill Stein

Lars Pålsson Syll writes DSGE models — a total waste of time

Stocks follow the economy, not the other way around. And stocks are not currently reflecting the slowdown in the economy, but they will. 
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. @bobsagetsquarepants7805

    I heard Buffett is sitting on a abnormally high amount of cash… like he's waiting for a buying opportunity.

  2. Thanks Mike. Best wishes!

  3. @eatlaughandstupid4430

    you are the best Mike…thank you!

  4. MMT lunatics are a big reason why the economy is going down the drain. How do you justify printing trillions of new dollars while the economy is slowing?

  5. @andreytsarukyan3627

    Hedge funds which use bond strategies are in terrible situation for at least 3 years. Some of them use leverage, most of them are done.

  6. Ive noticed a divergence between SPY and my blue chips I watch. I think the effects of the drain are present its just not being felt by the overall market (yet)

  7. Don't banks also create money? So if loan growth slows shouldn't that be bearish?

  8. @simonnewman2254

    So you’re bearish now? What happened to rocket fuel after the tax drain

  9. Thanks Mike. I wonder if capital inflows from Europe etc. is having a big impact with all this increasing fear of war. Thinking of crazy Europe for sure.

  10. @adamblackwell524

    the ponzi bubble fraud market gives zero fucks about anything, it just goes UP UP UP UP

Leave a Reply

Your email address will not be published. Required fields are marked *