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Short covering by know-nothing speculators. Infliaton impulse abating. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Short covering by know-nothing speculators. Infliaton impulse abating. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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| Short covering by know-nothing speculators. Infliaton impulse abating. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
as long as the yield curve doesn't invert , we all know what happens when it does, last yield curve inversion in thd 4th quarter of 2019 predicted the Covid market sell off in 1st & 2nd quarter of 2020
the yield curve knew about how bad the coronavirus was going to be? Huh???
@Thrifty CHNR yes the yield inverted in 4th quarter of 2019 and we had a big sell off in S&P500 index starting Feb 2020 , Bond Market is bigger then the Stock Market , an inverted yield curve has predicted every single recession in history , just read about it
Well Mike you and I are the same age. You're absolutely correct about the gas lines and the odd and even days I remember it very well
We all good people. All clear sailing for stocks until Dec 3.
Im under water right now, but its ok cause I pay with time. Besides, what you going to do with a paper profit anyway? Pay tax on unrealized capital gains?
Hey Mike another brilliant call on bonds you Da Man!
The shorters and sellers aren't done yet, I've been maxed out on tmf for a while, I'm levering when the remaining hysteria comes and drives it down again.
@Golden Scholar what's leads you to the conclusion that we will go lower in long term treasury bonds?
@FutureRepresentative Far too much to type here I suggest Steve van metre, Dr lacy hunt, and Jeff Snider. They are all heavy data driven and base their arguments on how mmt functions. I've heard both arguments, their arguments are the most rational but take time to fully grasp
Everyone taking loans out and buying bitcoins? What's that gonna do to the economy? Lol
Give us a good whiff of flatulence. Did you Bitcoin? Not me, I hate taco bell.
Hey Mike I heard on Twitter or somewhere today that we've ready hit the debt limit? They already spent all the 480B. That's going to make shit interesting sooner than expected if true…
How long til you flip flop back to bearish ?
Mike, the $480B extension of the debt ceiling ran out two days ago. The trouble is closer than Dec 3.
1,000usd invested in Shiba coin 11 months ago is worth almost 1.2 billion usd today………..and Shiba is up 73% for the day today. ……….Stonks
Me 2. Not as much as you but blessed also.
After what has unfolded in 2020 I no longer view btc as speculation. more so an inevitability. Even if it takes 10 years to get $100k that would mean the average rate of return with a daily $100. Over a year is 100% what asset class out there today offer that type of opportunity?
@Florence lynes Thanks I'll get to right now I hope he replies me
I lost about $7,000 trading in the stock market before I was linked to Mr Patrick and believe me he helped me recover the $7,000 and made an extra of $4,000 in the space of a week and 4 days.
.To be honest I invested as low as $5,000 because I was skeptical initially. Receiving my profit gave me more confidence to reinvest higher.
My first investment with Mr Patrick Smith gave me the assurance that has made me invest without the fear of losing, I got four of my friends involved with him already
I always attend his business seminars here in Los Angeles, he's one of the best in the game.
still holding my 2000 shares of TLT, hope it works out for the rest of the month. Bank stocks got smoked today.
You don't drive a Tesla Mike?
Black Swan is coming before the end of the year…
Might it also be that the ceiling has been reached again creating a perceived or real shortage of collateral again so duration is rallying? When says shortage in context of 29,000,000,000,000 of anything makes one feel a tad bit moronic but the government owes/owns 50% of it (8.5+6.0) so limits are just a figment of congress' imagination.
7:15 haha
Mike. You need to do the triple “printin’ money” by the three different guys like you use to. Hilarious!
Taper Robinson.
Get a Tesla mike. You won't regret it!