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Housing rebounds - time to call off the recession? Guest: Warren Pies

Macro Mondays

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Warren Buffett's View on Supply and Demand

Warren: Energy is still stuck in like a range bound trading despite all of the efforts from OPEC PLOS to try and prop up the price of oil. Warren: I do see a ton of pessimism expressed in the paper market. He says if you tell me that the US recession is not coming until maybe another year from now,Maybe nine months a year from now,. That gives us a really solid runway. But my base case is that before this year is over, we're going to see Oil touch $100 again.

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