On today’s episode of “The Macro Trading Floor,” Andreas is joined by Jack Farley Host of Forward Guidance to discuss big tech earnings, preparing for a recession in Europe and natural gas prices. Natural gas prices in Europe plunged due to a mild start to winter throughout October, European next hour Dutch TTF actually briefly turned negative. Andreas & Jack walk through the dynamics sending prices lower and discuss if Europe is through the worst? Finally, Andreas shares his actionable trade idea, but to hear that, you'll have to tune in! -- This episode is sponsored by Saxo Bank. Saxo Bank offers unparalleled market coverage across fiat, crypto and metals. Moreover, they provide free currency subaccounts and competitive interest rates on deposits in local currencies. Learn more at https://goto.saxo/macrofx -- Follow Andreas: https://twitter.com/AndreasSteno  Follow Jack: https://twitter.com/JackFarley96 Follow Blockworks: https://twitter.com/Blockworks_  Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Subscribe To Stenos Signals: https://andreassteno.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Referenced In The Show: Meta Reports Third Quarter 2022 Results: https://s21.q4cdn.com/399680738/files/doc_financials/2022/q3/Meta-09.30.2022-Exhibit-99.1-FINAL.pdf -- (00:00) Introduction (00:37) U.S Earnings Season (06:45) The 10yr/3m Yield Curve Inverts (11:06) Preparing For A Recession In Europe (15:48) Progressing Through the Tightening Cycle (19:34) European Natural Gas (28:42) Andreas' Actionable Trade Idea -- Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.