In yesterday’s edition of The Macro Show, Hedgeye CEO Keith McCullough answered a subscriber question regarding why countries trade differently respective to the Quads.
“The back test on Chinese consumer stocks (which made it a short) is bearish in #Quad3. China’s consumer is where more of the market cap is,” explains McCullough, as he highlights the difference in market behavior globally and why Chinese equities have struggled amidst the current Phase Transition.
“Risk happens slowly, then all at once. You have to have discipline. Proactively preparing with a rules-based system is key.”