US RECESSION VIRTUALLY GUARANTEED

back in the 4Q of last year, we priced the possibility of a recession in the US higher than the Street. MUCH HIGHER. well, as Chick Hearn used to say, “better to be lucky than good.”

“Better ti be lucky than good”

given covid-19, a US recession is virtually guaranteed and at this point, once can only hope we don’t enter another Great RECESSION. We’re currently pricing that possibility at 58%. basically even money.

Published by ..papichulo

Trader

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