Hey I'm Daniel Snyder, this is We Can Bite. Today I'm joined by Will Thompson, managing partner and founder over a massive capital.

We've got a lot of ground to cover. U.S. markets, European recession fears, commodity prices, the strength of the dollar and more.

So let's get into it.

Will, welcome to the show.

Thanks for having me.

So I've got to start off.

Obviously a lot of data came out this week. We have had

earnings we've had the Fed raise rates we've had GDP numbers. Let me just

start with what's your macro kind of view of everything that's happening right now and where are we kind of headed with in your opinion?

Yeah, so I mean I think that

Certainly was an interesting week in terms of numbers and it certainly doesn't stop with the Fed yesterday.

We got CPI prints out of Europe and Germany that were surprised, a high, PMI numbers tomorrow.

So I think there's a lot coming at everyone.

From a macro perspective, the way we're looking at it is, you know we've had we have this little bounce here in the US markets but we have trouble buying that that the bottom has been put in already you look at past drawdowns and recessions and you know we're

maybe halfway through what we would expect to fully experience. So I think there's

more risk to the downside and you know this tussle between this

narrative that well if recession comes in the Fed's going to pivot and you know that's

good for the market so so buy the dip not not really

sold on that that thought process at this point. So you're in the camp of a bear market

rally is what it sounds like so when you're

when you're talking about Powell and him coming out of course the remarks

that you were just talking about how people are already considering when they're

...