First Call

First Call August 4, 2022

Aug 4, 2022

Thomas Thornton

  • Equity futures are mostly unchanged in the premarket
  • BoE raised rates as expected 50bps and said to expect a long recession
  • Several charts on WTI crude to watch nearing exhaustion
  • Exiting the GCI long position with a loss as this special situations turnaround is going to take longer
  • Cleaning house continues
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