This Is It
The Macro Trading Floor
00:00
The Golden Handcough Syndrome in the US Housing Market
S&P 500 volatility levels consistent with 2019 or 2018, says John Defterios. When vol compresses, people are looking for carry trades and you need this kind of participation to trigger what can be a position driven sell-off," he adds. Over the next two to three months, I think you either get data that is gold deluxe consistent - we're growing at 1%. It's gold deluxe Or you get a derivative of that soft data that smells a bit more recessionary."
Transcript
Play full episode
