MacroVoices #348 Eric Peters: On The Road From Mean Reversion To Reflexivity
Macro Voices
00:00
The Upside Price Action Got Going on Tuesday Morning - The Pentagon Announcement
Rumors came out Tuesday that China would exit COVID lockdowns by March of 2023. That rumor has subsequently been denied by official sources who say that China remains committed to its zero COVID policy. The upside price action really got going when the Pentagon made a statement saying they had credible intelligence that Iran would attack Saudi Arabia within 48 hours. My call is to look for a decisive break above that 200 day moving average after midterms, if not sooner.
Play episode from 03:22
Transcript
