In Live From the Trading Desk Victor explains his reasons for shorting oil at its recent peak just over $50. Since then its fallen 10%. Victor on where its likely to go next plus a synopsis of all his other trading positions. Also a discussion with Michael of the effects on markets of the upcoming Brexit vote
Victor gives his opinion on featured guest Danielle Park's view of the US Dollar, he review's a US Dollar turning point he observed a few weeks ago, and tells listeners what is positions are in the markets right now.
How does a simple economic contraction turn into a huge mess like we experienced in 2008? The first step is it starts with a system based on confidence, and when that goes all hell begins to break loose