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Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. 

Our Street High Nowcast for #Quad2 in Q4 INFLATION #accelerating to +6.09% and an ongoing breakout in short-term (2yr) UST yields remains fully intact with UST 2yr ramping back towards the top-end of my Risk Range yesterday and the US Dollar loving that relative rates/policy move (vs. ECB in particular)

CHART OF THE DAY: US Headline CPI YoY Projections - 11 11 2021 8 40 05 AM