Summary:
April was a huge hit. May, we started to get some relief, but only in the second half of the month. Then, WHAM! we just got hit again with more gargantuan tax driven liquidity drain. Market cannot rally with this. 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/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
April was a huge hit. May, we started to get some relief, but only in the second half of the month. Then, WHAM! we just got hit again with more gargantuan tax driven liquidity drain. Market cannot rally with this. 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/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Moving forward
Dean Baker writes Health insurance killing: Economics does have something to say
NewDealdemocrat writes Retail Real Sales
Angry Bear writes Planned Tariffs, An Economy Argument with Political Implications
April was a huge hit. May, we started to get some relief, but only in the second half of the month. Then, WHAM! we just got hit again with more gargantuan tax driven liquidity drain. Market cannot rally with this. 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/ |
LP reacted d ryt way, she is Gondess.Uno need of over drama, or over consider ations. She don't deserve *considerationsq. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.
I think it's clear that things are stabilizing and flat. Maybe someone short term decline, but the big money already dumped their positions.
Dipping the toes in here. Long NAIL, TQQQ, and some REITs.
RIP. Rect in poverty.
@cityguyable Ok…
@cityguyable up 10% on NAIL. Up almost 3% on TQQQ.
@R O Y G B I V Good job. I’d move up stops. Secure profits. Rally’s in a bear market are short and cruel.
It petered out? Yeah, it died on the vine.
To get Financial FREEDOM , you have to be making money while you're asleep.
@Houston Smith His whatsapp ⤴️
Wow, i've seen a lot of recommendation about Wayne, is he really that good.
Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. thanks this is really helpful for my situation.💯
Never seen any of his clients complain of lost….I think he is just too perfect
theres suckers born every minute, there will always be fishing for them
Something tells me the SPY will look like Meta stock at the end of it all. It's either that or we are Turkey. There is only one of those 2 outcomes.🤔
I think you are stating the obvious. The Market Is not going to rally under a Biden Administration. The plandemic wiped out so many businesses and created an oil bottleneck where now it seems like producers are finally catching up to demand. Trump printed alot of money for pandemic relief. Biden is deflating it with a recession. The Eviction and Foreclosure moratorium created a bottleneck in Housing, creating higher housing prices.
Biden bragged about lowering the deficit by 1.6 trillion today. It was during his gas tax holiday speech.
Hey Mike,Thanks for the Consistent content.On the topic of the Gov draining 💰 from the economy,could there at least be a partial benefit to that in that it could taper down some of the inflation even if it's only by a small amount for example 5% even though it may cause issues in other areas such as 💰 velocity,etc.🤔
Biden was bragging today about saving everybody $0.18 a gallon but in the same breath said that he would make up for the loss of taxes that would go towards roads out of deficit spending… 🤡
hit the like button guys!!
that's how we can help him
What's your take on fiscal flows in relation to increasing/reducing inflation?
uhmm a 60 dollar crack spread (gouging) ain't doing anybody any favours and should be investigated . so what is the actual cost of a bbl oil