Канал: Mike Norman MMT Economics

Job number provides more evidence of an economic slowdown.

Job number provides more evidence of an economic slowdown.

What to make of new high in Nasdaq?

What to make of new high in Nasdaq?

Big flow day today, but don’t expect any major moves.

Big flow day today, but don’t expect any major moves.

Get used to seeing rallies fail.

Get used to seeing rallies fail.

Great charts showing the drop in net government transfers.

Great charts showing the drop in net government transfers.

Be like the crouching tiger in the jungle.

Be like the crouching tiger in the jungle.

Net government transfers have fallen sharply.

Net government transfers have fallen sharply.

NVDA pulls back. Was that a hiccup or a top?

NVDA pulls back. Was that a hiccup or a top?

$90 bln drain yesterday. I don’t like it.

$90 bln drain yesterday. I don’t like it.

Looks a little bubbly, even to me.

Looks a little bubbly, even to me.

My view on the “end” of the petrodollar.

My view on the “end” of the petrodollar.

You may hate it, but the market environment is still bullish.

You may hate it, but the market environment is still bullish.

Inflation report and Fed meeting this week. Prepare for volatility.

Inflation report and Fed meeting this week. Prepare for volatility.

Classic monetarist reflex selling of the market today.

Classic monetarist reflex selling of the market today.

Inverted yield curve insanity.

Inverted yield curve insanity.

Today was a great day in the market.

Today was a great day in the market.

Let government transfers declined further in the last week.

Let government transfers declined further in the last week.

Atlanta Fed revises Q2 GDP down for a fifth time.

Atlanta Fed revises Q2 GDP down for a fifth time.

GDP growth revised down again just like I said.

GDP growth revised down again just like I said.

Not looking good. Growth slowed further in the first quarter.

Not looking good. Growth slowed further in the first quarter.

Stocks are starting to reflect the slowdown and economic growth.

Stocks are starting to reflect the slowdown and economic growth.

Flows and NVDA pushing market higher

Flows and NVDA pushing market higher

Will stocks get even more overvalued?

Will stocks get even more overvalued?

You are wasting your time if you try to daytrade or short term trade the market.

You are wasting your time if you try to daytrade or short term trade the market.

Was today a blow off top?

Was today a blow off top?

Nvidia crushes earnings as I expected. Market to hit new highs.

Nvidia crushes earnings as I expected. Market to hit new highs.

Fireworks tomorrow with Nvidia?

Fireworks tomorrow with Nvidia?

Former super bear Mike Wilson, turns super bull.

Former super bear Mike Wilson, turns super bull.

Gold and silver…BOOM!

Gold and silver…BOOM!

Huge flow day yesterday. Does this change anything?

Huge flow day yesterday. Does this change anything?

I am not a fan of this market rally.

I am not a fan of this market rally.

Biden put tariffs on China. What this means for the markets.

Biden put tariffs on China. What this means for the markets.

Busy week coming up. Markets on notice.

Busy week coming up. Markets on notice.

Is economic growth re-accelerating?

Is economic growth re-accelerating?

Stocks are not reflecting the slowdown in the economy.

Stocks are not reflecting the slowdown in the economy.

Meredith Whitney crawls out from under a rock.

Meredith Whitney crawls out from under a rock.

You’ve heard of automatic stabilizers. This is the automatic brake.

You’ve heard of automatic stabilizers. This is the automatic brake.

The most insane, ridiculous comments by Jared Bernstein. You will not believe your ears.

The most insane, ridiculous comments by Jared Bernstein. You will not believe your ears.

Is the Japanese yen decline over?

Is the Japanese yen decline over?

Everybody’s got a plan until they get punched in the face.

Everybody’s got a plan until they get punched in the face.

Oh, woe is me. It’s so unfair.

Oh, woe is me. It’s so unfair.

Economic growth is slowing and here’s why.

Economic growth is slowing and here’s why.

$368 bln tax drain. A record!

$368 bln tax drain. A record!

That’s it. We’re heading back up again.

That’s it. We’re heading back up again.

Market bounce to continue this week but it’s not the bottom.

Market bounce to continue this week but it’s not the bottom.

Most people hate themselves. Sorry, but true.

Most people hate themselves. Sorry, but true.

Don’t mess with the tax drain.

Don’t mess with the tax drain.

Tax drain is over but listen carefully.

Tax drain is over but listen carefully.

Tax drain hit. What’s ahead now.

Tax drain hit. What’s ahead now.

Panic over bank earnings.

Panic over bank earnings.

Inflation report triggers monetarists and they sell.

Inflation report triggers monetarists and they sell.

Eighty percent of people’s thoughts are negative.

Eighty percent of people’s thoughts are negative.

Who is selling oil right now?

Who is selling oil right now?

Monetarist zombies panic and war escalation

Monetarist zombies panic and war escalation

The information I bring you is invaluable.

The information I bring you is invaluable.

The number one problem I see among investors.

The number one problem I see among investors.

When Warren Mosler tried to teach Larry Fink, MMT.

When Warren Mosler tried to teach Larry Fink, MMT.

You would like this story from my trading days in the pits.

You would like this story from my trading days in the pits.

Monetarist zombies are an endless source of humor.

Monetarist zombies are an endless source of humor.

Are “0DTE” options skewing sentiment?

Are “0DTE” options skewing sentiment?

Monetarist’s are okay with inflation now?

Monetarist’s are okay with inflation now?

Some of you will be uncomfortable with this video.

Some of you will be uncomfortable with this video.

Nearly a trillion $ in flows in the last 30 days!

Nearly a trillion $ in flows in the last 30 days!

Here’s how I invest in stocks

Here’s how I invest in stocks

Huge flows likely behind Bitcoin and metals’ rise.

Huge flows likely behind Bitcoin and metals’ rise.

Tucker Carlson doesn’t understand money.

Tucker Carlson doesn’t understand money.

Fight expensive enemies within yourself.

Fight expensive enemies within yourself.

Major risks this week?

Major risks this week?

Nvidia. Do what’s hard.

Nvidia. Do what’s hard.

Has purchasing power declined due to money printing?

Has purchasing power declined due to money printing?

Market peaked on Feb 15 as I called it.

Market peaked on Feb 15 as I called it.

The greatest long-term threat to the economy and the stock market.

The greatest long-term threat to the economy and the stock market.

Peak flows hit this week.

Peak flows hit this week.

The monetarist zombies may have just gotten lucky.

The monetarist zombies may have just gotten lucky.

Dollars can’t go anywhere

Dollars can’t go anywhere

Why you must stay away from short term trading.

Why you must stay away from short term trading.

Guess who’s back? Paul Tudor Jones.

Guess who’s back? Paul Tudor Jones.

Will de-dollarization cause the dollar to crash

Will de-dollarization cause the dollar to crash

Meta’s market cap jumps by a stock market record

Meta’s market cap jumps by a stock market record

Monetarist zombies get chopped up again!

Monetarist zombies get chopped up again!

Fed meeting concludes tomorrow. What to expect.

Fed meeting concludes tomorrow. What to expect.

Remember when they said QT would crash the economy?

Remember when they said QT would crash the economy?

Market at record, high, and sentiment bearish?

Market at record, high, and sentiment bearish?

Monetarist zombies put their ineptitude on display

Monetarist zombies put their ineptitude on display

Camping in Death Valley. Getting out of your comfort zone.

Camping in Death Valley. Getting out of your comfort zone.

A disease in the body.

A disease in the body.

Happy New Year!

Happy New Year!

Times Square for NYE????

Times Square for NYE????

Institutional asset managers did this?

Institutional asset managers did this?

Merry Christmas and happy holidays to everybody

Merry Christmas and happy holidays to everybody

Smoke alarm!

Smoke alarm!

Big tax drain, but no pullback.

Big tax drain, but no pullback.

It’s here. Tax drain tomorrow!

It’s here. Tax drain tomorrow!

Today was one of those days.

Today was one of those days.

Tomorrow is Fed day. Here’s what to expect.

Tomorrow is Fed day. Here’s what to expect.

One day it’s going to happen.

One day it’s going to happen.

This is the time for mental game!

This is the time for mental game!

Treasury issued $5T in two months. No collapse. Plenty of buyers.

Treasury issued $5T in two months. No collapse. Plenty of buyers.

Fiscal flows are on nitro.

Fiscal flows are on nitro.

Market rise getting speculative

Market rise getting speculative

Hysteria over Treasury auctions is sheer stupidity.

Hysteria over Treasury auctions is sheer stupidity.

Fiscal flows remain strong. Positive market until mid-December tax drain.

Fiscal flows remain strong. Positive market until mid-December tax drain.

Happy Thanksgiving

Happy Thanksgiving

Here is the existential threat to the economy in the stock market.

Here is the existential threat to the economy in the stock market.

Thinking about ending this channel.

Thinking about ending this channel.

$100 bln flow day yesterday but market stalled. Here’s why.

$100 bln flow day yesterday but market stalled. Here’s why.

Today was the peak in fiscal flows. What does that mean for the market?

Today was the peak in fiscal flows. What does that mean for the market?

Monetarists get crushed. Michael Burry gets buried.

Monetarists get crushed. Michael Burry gets buried.

Will fiscal flows peak this week and take the market lower?

Will fiscal flows peak this week and take the market lower?

Market snaps right back as I told you it would.

Market snaps right back as I told you it would.

Schizo monetarist zombie reach new heights of schizophrenia.

Schizo monetarist zombie reach new heights of schizophrenia.

$240 bln of Treasury security issuance yesterday. Yawn.

$240 bln of Treasury security issuance yesterday. Yawn.

Explaining government spending

Explaining government spending

Fiscal flows look even better than I thought.

Fiscal flows look even better than I thought.

Look out. The monetarist zombies have yet to cover their shorts.

Look out. The monetarist zombies have yet to cover their shorts.

Nice market rise today.

Nice market rise today.

Powell pivots!

Powell pivots!

Go the brains route, not the gambling route.

Go the brains route, not the gambling route.

Media flipping out over “borrowing.”

Media flipping out over “borrowing.”

It’s Black Friday. (Not the bad one. The good one.)

It’s Black Friday. (Not the bad one. The good one.)

Are you scared and frightened and panicked?

Are you scared and frightened and panicked?

Everyone has fear.

Everyone has fear.

Here are the ups and downs ahead that you need to be aware of.

Here are the ups and downs ahead that you need to be aware of.

Back from the desert.

Back from the desert.

Heading out to the desert.

Heading out to the desert.

The pathetic “returns” of hedge funds and Black Rock.

The pathetic “returns” of hedge funds and Black Rock.

Is a recession more likely now?

Is a recession more likely now?

Was today the beginning of a new leg up?

Was today the beginning of a new leg up?

Today’s collapse from the open was totally predictable

Today’s collapse from the open was totally predictable

It’s not about timing, it’s about time.

It’s not about timing, it’s about time.

Another beauty from Paul Tudor Jones. He’s ridiculous.

Another beauty from Paul Tudor Jones. He’s ridiculous.

Didn’t feel like making this video with the horrific events unfolding.

Didn’t feel like making this video with the horrific events unfolding.

Watching the monetarist zombies is so entertaining!

Watching the monetarist zombies is so entertaining!

Oil tumbled. I warned that producers were selling.

Oil tumbled. I warned that producers were selling.

McCarthy’s ouster may have serious bearish implications.

McCarthy’s ouster may have serious bearish implications.

Fiscal year 2024 has begun. Here’s what to expect.

Fiscal year 2024 has begun. Here’s what to expect.

Day trading is relatively easy when you know the macro.

Day trading is relatively easy when you know the macro.

If government shuts down here’s what to expect.

If government shuts down here’s what to expect.

Heavy emotional selling today. We went against it.

Heavy emotional selling today. We went against it.

Big down day today was actually good.

Big down day today was actually good.

Market to turn higher this week.

Market to turn higher this week.

So much misinformation and ignorance to exploit.

So much misinformation and ignorance to exploit.

Market selloff will continue.

Market selloff will continue.

Powell doing his “work” for the White House

Powell doing his “work” for the White House

Don’t be in the dark!

Don’t be in the dark!

Something unexpected popped up on the Daily Treasury Statement.

Something unexpected popped up on the Daily Treasury Statement.

September 15. Tax drain. I told you this was coming.

September 15. Tax drain. I told you this was coming.

Larry Summers, the monetarist zombie you can’t kill.

Larry Summers, the monetarist zombie you can’t kill.

These other people running the show.

These other people running the show.

9-11 Remebrance

9-11 Remebrance

The government does not borrow.

The government does not borrow.

How to ride a big trend without leaving lots of money on the table.

How to ride a big trend without leaving lots of money on the table.

Market down as I called it. Here’s how it will play out.

Market down as I called it. Here’s how it will play out.

Record flow day on Friday but it’s not going to be enough.

Record flow day on Friday but it’s not going to be enough.

Run towards fear and discomfort not away from it.

Run towards fear and discomfort not away from it.

First of the month payments with marginal moves in the markets.

First of the month payments with marginal moves in the markets.

This cycle has peaked.

This cycle has peaked.

I’ll give myself credit for today.

I’ll give myself credit for today.

Played out exactly as I said it would

Played out exactly as I said it would

Help me help you!

Help me help you!

This was a very instructive week.

This was a very instructive week.

Was that the top?

Was that the top?

Nvidia. Market outlook. Show some appreciation.

Nvidia. Market outlook. Show some appreciation.

Don’t invalidate information by making it fit into your own biases.

Don’t invalidate information by making it fit into your own biases.

The most idiotic and telling revisionism I ever saw.

The most idiotic and telling revisionism I ever saw.

Market looks oversold. Bounce likely this week.

Market looks oversold. Bounce likely this week.

There’s a hurricane coming!

There’s a hurricane coming!

August 16, 2023

August 16, 2023

Answering a question. How are you? New flows with the things to look at?

Answering a question. How are you? New flows with the things to look at?

Like I said…first week in August market tops.

Like I said…first week in August market tops.

It’s all about commitment.

It’s all about commitment.

I must not be very smart.

I must not be very smart.

Mixed day. Here’s what’s coming next.

Mixed day. Here’s what’s coming next.

Today was a classic day trade opportunity.

Today was a classic day trade opportunity.

I love dogs

I love dogs

$10 bln drain yesterday with more to come.

$10 bln drain yesterday with more to come.

I was a little surprised by today’s rally until…

I was a little surprised by today’s rally until…

Selloff today was totally understandable

Selloff today was totally understandable

Fiscal flows have peaked.

Fiscal flows have peaked.

Why is Janet Yellen arguing??

Why is Janet Yellen arguing??

US credit rating downgraded by Fitch.

US credit rating downgraded by Fitch.

End of month. Solid. Here’s what’s coming.

End of month. Solid. Here’s what’s coming.

Did stocks just top out?

Did stocks just top out?

Fed raises rates again, adding to inflation.

Fed raises rates again, adding to inflation.

Be a mariner on the open seas

Be a mariner on the open seas

Crazy trip to LA today

Crazy trip to LA today

Investor behavior is crazy. Sell low buy high.

Investor behavior is crazy. Sell low buy high.

RFK Jr wants to peg the dollar to Bitcoin or gold!

RFK Jr wants to peg the dollar to Bitcoin or gold!

Warning! Stock market highly speculative now!

Warning! Stock market highly speculative now!

Time to get a little more cautious.

Time to get a little more cautious.

Leading flows to peak first week in August.

Leading flows to peak first week in August.

Where are all the monetarist bears now? WTF?

Where are all the monetarist bears now? WTF?

Elon Musk interview with Tucker, Carlson.

Elon Musk interview with Tucker, Carlson.

They trashed California.

They trashed California.

Coming to you from LA.

Coming to you from LA.

Just wanted to say hi to you guys.

Just wanted to say hi to you guys.

Market update for Friday.

Market update for Friday.

Today’s market action makes me laugh. A lot.

Today’s market action makes me laugh. A lot.

There was no reason for today’s selloff.

There was no reason for today’s selloff.

Happy 4th of July!

Happy 4th of July!