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MKT Call 7/5/22: Stocks Sink, ARKK Outperforms and Crude Crash Could Signal Lower Gas Prices

RiskReversal Pod

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Do You Think We're Going to Be in a Recession?

The next thing that will start to move individual stocks is earnings. I think you and i both agree that we could see a little pressure released into earning season, especially if some of those pre announcements don't materialize. But once the kind of realis on that we are going to be in a recession, and that the numbers are not goin to get better before they get worse, then you kind o just kind o say, hey, listen, i want to sell every rally here.

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