Mike Norman is currency trader and economist who is a proponent of Modern Monetary Theory (MMT). He writes a blog at www.mikenormaneconomics.blogspot.com.

Contrary to popular wisdom, this spend adds to the private sector.
Keep buying these dips as there are still rewards.
There is no upside to running it like a profit-seeking enterprise.
It will tell you whether you need to worry about the market.
| Apr 10, 2014
| 4:11 PM EDT
I see this as a buying opportunity. Not really sure why such panic. What has changed so dramatically? Nothing....
The ride is only just beginning.
| Apr 10, 2014
| 12:39 PM EDT
Updating my bullish yen call as it already took out my short term objective of 101.50. Looks like it can go to...
Recent statements about inflation and job growth are contradictory at best.
| Apr 09, 2014
| 2:38 PM EDT
Hi Paul. Good question. When government taxes it removes income (currency/reserves) from the economy. That's w...
| Apr 09, 2014
| 12:08 PM EDT
I don't see this yen rally stopping anytime soon. Too many shorts and the Apr 1 tax increase fundamentally cha...

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The new Fed Chief said this at a recent meeting of the Economic Club of NY ... "We have indeed had a disappoin...


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