In this clip from The Macro Show, a subscriber asks Keith McCullough if he’s shorting rate sensitivity in Europe since the continent is in a recession.
“Eight weeks ago was the time to press the short position in Europe,” explains Hedgeye’s CEO. “The place to do it is the place that’s going to be in a recession in like T-minus tomorrow: The USA. Where it hasn’t been reported is where there’s the biggest opportunity.”
Watch the full clip above.
