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Navarro: The Economic Spiral

Summary:
Navarro guest hosting for Bannon reviews his short equity call from a few months ago which has turned out to be a BIG winner at this point….  Blames the current  “stagflation!” brought about by the Biden admin policies…Recommends to keep the short position on here…We’ll have to see he’s been right so far… only policy adjustment I see that could perhaps be bullish is the QT which has been very slow to start in June..

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Navarro guest hosting for Bannon reviews his short equity call from a few months ago which has turned out to be a BIG winner at this point….  Blames the current  “stagflation!” brought about by the Biden admin policies…

Recommends to keep the short position on here…

We’ll have to see he’s been right so far… only policy adjustment I see that could perhaps be bullish is the QT which has been very slow to start in June.. 


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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