There Will Be No Recession | Jonny Mathews

Bullish:

• $GBP - Johnny is bullish on the British pound, citing the UK's stable political situation among G7 countries as a key factor.

  • “I am long Sterling, And I do think that sterling it's you know, as a country now, the UK almost certainly has the most stable political situation in the g 7.”

    Johnny·43:04
• $UKMINING - Johnny has taken a small, non-consensus position in UK mining stocks, indicating a bullish outlook on the sector.

  • “I've just taken a small position in mining stocks, European mining stocks. Well, mainly UK mining stocks, and that's a very nonconsensus trade.”

    Johnny·39:04

Bearish:

• $SOFR - Johnny is shorting SOFR futures, believing the market has priced in too many rate cuts for the year.

  • “I started going short of SOFA dec 24, SOFA futures when the market priced in something like about 5 and a half 25 basis point cuts for this year.”

    Johnny·52:01
• $TREASURIES - Johnny has shorted Treasuries but maintains a tight stop-loss, acknowledging the potential for being wrong.

  • “I've shorted that, but I've got a reasonably tight stop because I I could well be wrong.”

    Johnny·27:03
• $CHINAGROWTH - Johnny expresses a bearish outlook on Chinese economic growth, expecting it to struggle to reach 5% in the near future.

  • “I think they're gonna have a tough time, I think. I don't think they're gonna see, 5% growth rate again for some time.”

    Johnny·55:03