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WTF…nobody understands this sh*t?

Summary:
For every action there is a reaction. There's two f*cking sides to a balance sheet!

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For every action there is a reaction. There's two f*cking sides to a balance sheet!
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.

25 comments

  1. spot on – before we have the big sling-shot move up we need a solid pullback.

  2. VIX was up 5%… Meh… Good trading environment though. UVXY closed up 3%… Huge nothing burger.

    Covered NAIL short. Looking to go long here.

  3. Just like any ideology it seems as though finance is gripped by hive mind, mimetic thinking where everyone is peer pressured into echoing the same thing – even if they don’t necessarily believe in it.

    And/or they just don’t give a shit.

  4. Mike don't forget that QE puts cash available to chase risk assets…so QT removes liquidity for these assets… the reserves are not just from banks but also pension funds… and these use reserves to buy stocks

  5. What the fed??

  6. Fed is playing the "mental game", no inflation in the future.

  7. They are printing money !!!

  8. politicans want to crash the market so they can buy and inside trade

  9. What if the govt runs in surplus for the year? That causes other problems tho right?

  10. Getting close to sell in may and go away time. April the fiscal flows should be lower with taxes.

  11. come on Norman, its like a broken record, we all know the system is controlled by a syndicate, its a big game and they have to convince people there is a problem and make them believe a bunch of bull shit so you can get them to get out of their beds and go do the work. A bunch of deceived slaves.

  12. Do not buy physical gold, you will be sorry. https://www.youtube.com/watch?v=BEVdc4DoPQQ

  13. Mike, would you consider launching a public ETF for investors? I think it would be unique

  14. you can spin it all you like mike but this shit house of cards is about to get a ko

  15. Finance & Economics

    Great idea, emergency rate increases!

  16. Mike what happened to your American flag that use to be on the wall?

  17. You're the best Mike! Mental game = Peace of mind! ……….HOORAH!

  18. Looking good Mike!

  19. Great MMT Report Monday!

  20. Cryptonite Clark

    What is "MDS" (or is it "NDS")?

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