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Weekly Notebook Review | June 21, 2023

Hedgeye Podcasts

CHAPTER

The Price of the Recession and Never Comes

The market has been pricing in a recession that's never going to come at least not this year. The energy sector is turned into an option, and if you're an in by me, your sideways on energy. I mean, don't tell me it's not hard to prevent and prop up certain stocks from going down so that the indexes don't break. We're a top heavy market. And you know, it's so we're going to see a rotation, but it's going to be very messy. It's gonna be with the fits from all the AI people and the semiconductors which are probably going to go down another chunk.

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