Interesting. CW pushing the recessions narrative...bullish?LOL....She is trying to convince the Fed to ease up....and that we are in a recession already.
While I believe we are in a recession....she is doing it out of panic as she knows another big hike will crush her....and the Nasdaq
That said to balance the oil market and keep oil in this 100-120 range we need a recession and demand destruction....but of course this will hurt tech so she is trying hard to change people's minds
Comfortable here....but if enough of these clowns talk the fed down....that means oil will get very interesting....
https://www.cnbc.com/2022/06/28/ark-invests-cathie-wood-says-the-us-is-already-in-a-recession.html