CHART OF THE DAY: China CPI YoY Projections
10/07/21 08:38AM EDT
Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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What generally determines the difference between an ongoing correction from Cycle Highs is the market’s volatility adjusted outlook on what The (economic) Quads are going to be.
For China, that’s what we coined back in Q1 as #Quad3 Stagflation (6 months later it seems that consensus actually understands what that kind of nasty stagflation means, ha!).
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