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The Real Recession Indicator, and What Backwardation Means for Energy Stocks 8/4/22

Published 3 years, 7 months ago
Description
All eyes are on tomorrow’s jobs report, but one of our traders says it’s housing we should watch for the true sign of whether or not we’re in a recession. We break down what that sector is saying and what it means for the market. Plus oil futures are in backwardation, but is that good or bad for the sector?
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