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In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough fractally breaks down the macro factors which lead him to a bullish stance on the Euro.

“As the Europeans get more hawkish than the U.S., the relative currency pair is Euro up, Dollar down. Then all of a sudden we get Dollar down and the biggest move in macro, commodities inflation up, higher and higher.” – Keith McCullough

“Start thinking fractally, it’s not that hard. You just need someone to teach you how to do it; and it’s actually easier than the B.S. way the Old Wall thinks.”

McCullough: The Bull Case For The Euro (And Why Commodity Inflation Is Going Higher) - UserGuides Banner copy