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Podcast: CNBC's "Fast Money"
Episode: The Real Recession Indicator, and What Backwardation Means for Energy Stocks 8/4/22
Description: All eyes are on tomorrow’s jobs report, but one of our traders says it’s housing we should watch for the true sign of whether or not we’re in a recession. We break down what that sector is saying and what it means for the market. Plus oil futures are in backwardation, but is that good or bad for the sector?