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Weekly Notebook Review | Vol Up, USD Up, Rates Up $SPY $QQQ $USO $GLD | August 2, 2023

Hedgeye Podcasts

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The Consensus Is No Recession

The consensus is no recession. We're going to be fine, he says. And you know why Wall Street saying that? Because they have a shit ton of paper to sell everybody. Every single hand if stocks go down, it's never been a better time to buy. You always get in there and buy that dip. But the problem is that we have $2 trillion plus dollars of commercial real estate three finance and nobody can refinance it because they're negative NPV projects.

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