MacroVoices #361 Alex Gurevich: Jay Powell says, “Effects of tightening not yet felt.” Alex says, “No shit, Jay.”
Macro Voices
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Long Term Oil Trading
"I almost always opt for longer horizon trades and which I have higher percentage of wins," he says. "It's a way, essentially, to bet on you have positive carry." If deflationary depression is going to happen, the only way we can really lose money in this trade will be if interest rate bets don't work out as planned,. But it will always be an environment when I'm making money on oil.
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