In this edition of The Macro Show, Hedgeye CEO Keith McCullough and Director of Research Daryl Jones discuss the fundamental components of stocks and the relationship between the “Pods” and the “Quads”.
"The Pods came before the Quads. Instead of GDP growth, we have revenue growth. Instead of inflation, we have EBITDA. Once you have Pod 1 ripping, and Pod 2 ripping, you get Pod 3, Free Cash Flow (FCF) ripping," explains McCullough as he jumps into how companies will be using their balance sheets in the upcoming quarter.
Keith McCullough and our Macro team will be hosting our “Q3 Macro Themes” call today live at 11:00am ET for institutional and Macro Pro subscribers. To learn more about Macro Pro, CLICK HERE, or contact jbruno@hedgeye.com.
