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

Macro Mondays

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The Norwegian Central Bank's No Shit Sherlock Award

I can't find any reason as to why you would be long Euro against the dollar at this juncture. And I mean it's a positive carry trade still to be short, Eurodollar? Yeah. Emil no need to mention the widow made a trade that we entered a week ago. Chinese real estate. It reminds me that our trading will be a summertime. It's maybe good summertime. We need our weekly no shit Sherlock award and I found a great candidate for this: The Norwegian central bank. This is the quote from their press release around the interest rate hike this week.

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