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Trump vetoes defense bill. Is the Covid relief bill next?

Summary:
More surprises may be coming, but current policy is enough to keep trends in place. 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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More surprises may be coming, but current policy is enough to keep trends in place.

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.

28 comments

  1. Wow, I usually agree with you, but not this time.

    • what part?

    • No way Joe Biden got 80M votes…

    • @Michael Norman That's what people like about him.

    • way off mike on trump, i respect your opinion. but the 5000 pg bill was smashed thru in 4 hrs. tons of shit, a socialist wish list!! but heres 600$ , now shut up.! sorta thing

    • @Michael Norman I feel the same way this time, Trump had plenty of time! $2000 would be great but at this point I'd take the $600 to help my family & the way we were so close to the $600 pissed me off. He also kept saying he would sign it. I think his stunt was pulled because he's mad at the ppl & doesn't give a d**n if ppl get the money or not. You've earned a subscriber!

  2. Phillip R Jorgensen

    Merry Christmas

  3. Silver Lake & Thoma Bravo traded $286M of SolarWinds stock six days before breach-See the connection to Disruptive technology, Pandemic, Facebook, Twitter, Motorola, AirBB, Alibaba, Skype, Yelp, China, Norton Lifelock, AMC, Credit Karma, IHME, Silver Lake, Elevation, covid vaccine. https://youtu.be/oCsj3FhoWBY

  4. Merry Christmas, the day 2 Billion Christians Kneel for one Rabbi (Rabbi Jesus).

  5. Mitch McConnell and the Republican senate is the biggest problem.

  6. Each committee write up their portion of all those pages… Happy Holidays!!

  7. Thank You, Mike!! Would love even a quick video tomorrow, to maybe see what is in store for next week, if you can!!! Thank You!!

  8. I know you have a strong macro focus but do you analyse high volatility equities such as Palantir, or covid pharma stocks like Novavax, Moderna etc? or really any individual equities? Some of these SPACs seem to be quite the opportunity also. Cheers for the insights Mike!

  9. How come your window is open in winter?

  10. Anybody being treated the way Trump was would become 'Erratic' ! His Fraud claims are not "Bogus", most courts refused to judge on the merit !!! Hiding behind procedural details… In Pennsylvania a judge actually had the courage to state Trump would win in the merit (unconstitutional change of elections rules). Now…. some prefer to just "side with the presumed winner" and turn like the wind !

    • Get out of here dude. He treated everyone like shit. Begining with the media. What are you talking about? Trump was like Geoffrey from Game of Thrones. Im a conservative and voted Trump the first time around bc of China. Now I'm glad he is gone. I still don't like China btw.

    • 100% I think its sad when ppl post the state run media narrative on trump. its all lies. sheep

    • @Kopil Baza thank you for your honesty. I used to love trump but now I don't & I don't like China either!

  11. Well, I said buy clean energy stocks and Fuelcell in partucular about a month ago. It is 200% up eversince. And I don't even know nothing about nothing. Buy Gevo now and enjoy the 100% run within a month.

  12. you bet against the man who created the greatest economy ever

  13. Mitch mcconnell and trump are the grinch this year

  14. Mike, there is a part in the bill that stops a portion of the Fed's spending powers, how could that affect the fiscal flows?

  15. Thank you for sharing your insight into how Wall St & DC are joined together and how we can profit from this.

  16. The Police wanted to arrest Mr. Norman when he said "at least a 2 years
    downtrend for the USD-dollar DXY". Ha ha. What I think Michael got wrong is Trump. I think Trump won the election
    and his legal team is still fighting a very clear election fraud. So I don't foresee Joe Biden in the Oval Office. It's not gonna happen. Greetings from Europe, Amsterdam, I wish everybody a
    Happy Brexmas and a "back to normal" (Trump!) new year. Trump means freedom (back to normal). Joe Biden means unjustified LockDowns. The first one did NOT work. So why lockdown
    again then?

  17. Merry Christmas Mike!

  18. JustARandomYoutubeUser

    The original bill will for sure pass under biden. So it's just a minor setback. Should be priced in as passing already

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