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Trump signs Covid relief. Fiscal boost about to get a lot bigger.

Summary:
Trump finally signed the Covid relief bill. The fiscal boost to the markets is about to get a lot bigger. Here's what you need to know. 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 Twitter https://twitter.com/mikenorman

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Trump finally signed the Covid relief bill. The fiscal boost to the markets is about to get a lot bigger. Here's what you need to know.

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 Twitter

https://twitter.com/mikenorman
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.

27 comments

  1. Bull market will go on towards 2022

  2. Phillip R Jorgensen

    So money printing is causing inflation at the same time people are losing their jobs and businesses?

    Where's the deflation going to happen?

  3. Very happy ?? ??♥️❤️

  4. THERE IS NO PANDEMIC: Globally; the World Health Organization estimates the common flu kills 290.000 to 650,000 people each year. Until the Covid 19 virus kills more than 650,000 people; it is less deadly than the common flu virus. Corona viruses have been around for 60 years. There are 36 different strains of corona virus, 4 of them have been known to cause infection for a long time. Corona viruses cause between 20-40% of the flu that we see worldwide. Screening tests are not specific enough to differentiate between any of those 36 different strains of virus. It is highly likely that everyone in the world has had some exposure to a corona virus and has probably had some infection of a corona virus somewhere in their lifetime. What most people don't know is that any 'test' for a virus does not test for a specific virus: It tests for antibodies that show up in your immune system to fight a virus. If someone tests positive, what does that actually mean? It means that at some time in your life your body developed certain antibodies to fight certain viruses. So if you test positive, does that mean you have an active infection? Does that mean you had an infection in the past? Does that mean you have an active infection of one of the 36 strains that have been around for 60 years? If you test positive does it mean that you’re sick? Or does it mean that you’ve been exposed to one of these 36 strains of corona virus and that it doesn’t bother your immune system? If you test positive for antibodies that fight corona virus, which strain of corona virus do you have? The new recommendations from the American CDC (and in Canada also)… is if someone is in the hospital with a respiratory issue and they die… then even if you have not tested them… or you tested them and they were not positive…you’re supposed to write on the death certificate “Co-morbidity”. This is driving the numbers up to maintain the agenda of mass hysteria, mass panic and mass fear.. It keeps the panic churning. . It is estimated that 12,000-16,000 deaths annually since 2010 can be blamed on the common flu virus in America alone each year. At least 8,200 people have died this season from the common flu virus in America. NOT from .the corona virus. The reason for these low members is the common flu is now being misdiagnosed as the corona virus. Otherwise the common flu deaths would be about normal: 12,000-16,000 deaths, AND BE IGNORED. There are 3.91 millions deaths caused by respiratory illnesses every year globally. HOW MANY RESPIRATORY DEATHS HAVE BEEN USED TO CREATE THIS HOAX? Recent studies by medical experts have revealed that the rate of infections is much larger by order of many magnitudes. As a result of the increased number of infected people; the death rate for Covid 19 has changed from 1.3% to roughly about .01%… Dr. Fauci himself told the medical community that Covid 19 is a seasonal flu with a mortality rate of .01%… A .01% death rate IS NOT A PANDEMIC… IT Is A HOAX.. Fauci has MILLIONS INVESTED IN VACCINES. Globally, there are 17-18 million deaths each year. Of the 32 main causes of deaths the corona virus ranks at the bottom of the list. Each year there are 3 million newborns who die in the world of pneumonia and 50,000 adults in the United States for the same cause, WITHOUT ALARMS BEING ISSUED. In many cases, they are misdiagnosing the common flu and calling it Covid 19. Anyone who dies of a respiratory ailment is being marked down as dying from Covid 19 They are lying to you. The numbers are being deliberately falsified. THERE ARE NO RELIABLE TESTS that can tell the difference between Covid 19 and all the other flu viruses… never mind the 36 different Corona viruses!!.. ‘ There is NO real “Covid-19” What it is, is that “they” invented a miserable “corona-virus “test”, which as it has been very recently been documented and written in the official U.S. Medical Library Records, is not and cannot detect any actual “Covid-19″… and instead it only detects “corona-viruses” existence in general in the human body… The so called “test” (and we are talking about the so called “credible” one which is working on the molecular level), in addition to the above, also, cannot detect the amount of the “corona-viruses” in the human body… which is crucial in order for a patient to be determined as an actual patient of a FLU…’ NEWS FLASH Updated numbers from the CDC reveal only 9,210 American have died from Covid 19. The stats for overall seasonal death rates this year across Europe are the same if not less than for any other year. The official figures for 24 countries across Europe show, not only that overall mortality is not increasing, but – so far – it is actually well below recent averages. https://off-guardian.org/2020/03/28/10-more-experts-criticizing-the-corona virus-panic/ Johan Giesecke (ex state epidemiologist, WHO advisor, chief scientist/European Centre for Disease Control and Prevention) “I think of it is as a severe seasonal influenza”; “Someone right now is dying from pneumonia and it will absolutely be impossible to isolate this year’s version of corona virus from other forms of respiratory ailments by exclusively claiming it as a causative factor in death. That is criminal negligence. The problem, is that “corona virus” (due to mass media over-magnification) will end up stealing stats from the 1.5-3 million pneumonia cases per year and the 3/4 to 1 million flu cases. In fact, it already is.” Dr. Pablo Goldschmidt is an Argentine-French virologist ;. “There is no evidence to show that the 2019 corona virus is more lethal than respiratory adenoviruses, influenza viruses, corona viruses from previous years, or rhinoviruses responsible for the common cold.” This a scam. Dr. Michael Levitt Professor of biochemistry at Stanford University. “The number of deaths of corona virus in Italy is 10% of the number of deaths of influenza in the country between 2016-2017. German Network for Evidence-Based Medicine “In the majority of cases, COVID-19 takes the form of a mild cold or is even symptom-free. Therefore, it is highly unlikely that all cases of infection are recorded, in contrast with deaths which are almost completely recorded. This leads to an overestimation of the CFR. (Case Fatality Rate) An overestimation of the Case Fatality Rate also occurs when a deceased person is found to have been infected with SARS-CoV-2, but this was not the actual cause of death. The CDC just reported that 94% of Covid deaths had other medical issues. Dr Richard Schabas former Chief Medical Officer of Ontario: “Quarantine belongs back in the Middle Ages. Save your masks for robbing banks. Stay calm and carry on. Let’s not make our attempted cures worse than the disease.” Globe and Mail, 11th March 2020’ “Strictly by the numbers, the corona virus does not register as a dire global crisis” ‘You don’t need to be an expert to see the causes for the concentration in Northern Italy and NYC. as Florence has about 300,000 legal Chinese immigrants taking over its manufacturing, in addition to countless illegal Chinese, who make regular and continuous trips back & forth to Wuhan. Once the outbreak in China became known, and China began complaining a few weeks later that calling it a Chinese- or Wuhan-virus was “racist,” the mayor of Florence encouraged the Italian residents of Florence to “hug a Chinese” to show support. Again, there was a constant traffic between Florence & Wuhan at that time. And Florence apparently has the second oldest population in Europe, if not in the world.’ If you watch this video; https://www.youtube.com/watch?v=E8ilxBYZHvQ You will understand that the virus was created in a laboratory in Wuhan China…. Second… the global economy has been slowing down for years and a major depression was about to happen anyways… Third: What the Chinese CCP govt did was purposefully spread the virus and wait until there was enough ''reason'' to institute martial law and crack down on its population in order to terrorize and intimidate them because they knew a major economic depression was going to hit China…. If the CCP had not spread the virus, the Chinese people would have blamed them for the depression… This way, the inevitable depression could be blamed on the virus, not on the govt.. What happened next is that all the other govts that knew of the economic slowdown, who knew that a major global depression was coming, latched on to the fake Chinese ""pandemic"" scare and pushed this hoax globally: to avoid being blamed for the oncoming recession/depression. Why did they do this? Because spreading: MASS FEAR; MASS PANIC; MASS PARANOIA; MASS HYSTERIA: MASS BRAINWASHING: Is always good for the ruling class…. MASS IMPOVERISHMENT of the electorate; Making billions of people TOTALLY DEPENDENT ON THEIR GOVTS…. While the .01% get richer from HUGE bailouts to the banks and corporations. Can you say one-world governed by FEAR and HYSTERIA? Can you say GLOBAL BRAINWASHING? Billions of the world’s masses are being impoverished due to this hoax. Over 50.million people died of the 1920 pandemic: COMPARE THAT TO THIS FUCKING HOAX. MASS FEAR; MASS PARANOIA; MASS CONFORMITY; POLICE STATE MARTIAL LAW. While destroying your society, your lives and your livelihoods… WAKE UP YOU ARE BEING BRAINWASHED INTO ILLOGICAL FEAR. NEWSFLASH: The American death tolls for 2020 have just been tallied and THEY ARE THE SAME AS 2019 THERE HAS BEEN NO SPIKE IN DEATHS IN SPITE OF THE FAKE PANDEMIC. THE NUMBERS DO NOT LIE!

  5. Bitcoin is going to 75k by the end of 2021.

    • @Slickpete83 It's up over 200% year to date.. It will go up and down all year but i think it will peak in November, December 2021.. It does this every 4 years, in 2013 it peaked at 1,000 in 2017 it peaked at 20,000.. I believe it will go to 75k to 150k in 2021.

    • @ace q bitcoin is completely useless as currency , you still value bitcoin in $USD, but blockchain technology is useful

    • @Slickpete83 It's not a currency.. It's like Gold a commodity.. Nobody uses Gold as a currency.

    • @ace q problem unlike Gold , anyone can create more different cryptocurrencies , what happens when people stop buying bitcoin and start buying another crytocurrency

    • @Slickpete83 It was the very first crypto currency, so it has trust with the people and name brand.

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  7. They’re printing Bitcoin!!!

  8. They will pass another stim bill as soon as Biden gets in there

  9. Hello Michael Norman, you are the ONLY trader/economist on the globe who was (and still is) right on GOLD. My question is: Will SILVER be the best asset for 2021? I ask this because you mention that the commodities are going up (and keep going up): SILVER looks "the most" undervalued in my opinion. Can you give your insights on silver in a video? Thanks in advance.

  10. @Mickael Norman really nailed this one. He said it wasn't baked in and his right. It isn't baked in. All those pro's at Morgan Stanley ain't got Nuthin on Michael. Thanks for all your work @Michael Norman.

  11. Thanks for@mikael Norman's help I got to be my own one guy. And that's not even from getting the$500 mmt traders service. Just for watching Michaels videos. And going of that. So thanks so much and keep it up in the 2021 @Michael Norman.

  12. Pretty optimistic to think Biden makes it to the 2022 mid-terms.

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