Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
The #1 goal of The Game is to A) not lose the hard earned capital you have so that B) you can compound Full Investing Cycle Returns across cycles. If you nowcast the pending Quad right, you’re playing for Team A alright.
So let’s do China vs. USA in 2021 with real-time economic (Quad) updates:
A) CHINA – reported an eye-popping PPI (Producer Price Inflation) #acceleration to +13.5% year-over-year for OCT
Since Q1 of 2021, we’ve been nowcasting nasty #Quad3 Stagflation in China. And now, with the slowest China REAL GDP GROWTH rate since entering the WTO, I’m pretty sure most people on Team A get that.