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“We’re in one of the biggest market collapses of the modern era from the biggest bubble in the history of markets.” |
This year has been market mayhem... for many.
FACT: Hedgeye CEO Keith McCullough began warning Hedgeye subscribers of an impending #Quad4 crash in September 2021. What's #Quad4? It's the environment where economic growth and inflation are decelerating at the same time. Simply put, when #Quad4 hits, risk assets crash.
WANT TO GET UP TO SPEED ON #QUAD4 CRASHES?
The video below features McCullough calmly guiding subscribers through the coming #Quad4 Crash, from September 2021 through January and March 2022.
Here's a quick recap of the carnage (and our market calls):
- Nasdaq (QQQ): -20.6% (since shorting on 2/10)
- Gold (GLD): +8.7% (since going long on 2/10)
- U.S. Dollar (UUP): +2.56% (since going long on 1/3)
- Short Russia (RSX): -79% (since shorting on 1/3)
Preserve and protect your portfolio today. Get high octane investing analysis from the firm who called the crash.
Let's run through it.
Long gold vs. short nasdaq
Our Long Gold vs. Short Nasdaq pair has worked:
- Gold (GLD): +8.7%
- Nasdaq (QQQ): -20.6%
It's. All. About. Timing. And it doesn’t get much clearer than “SHORT QQQ's NOW.”
(data since February 10, 2022, Early look titled "SHORT QQQ's NOW")
Rate Hikes = BUY BONDS
While Wall Street calls for 5,6,7 rate hikes, we're calling for 1 to 2 hikes, and then done.
How do we express that? BUY BONDS, SHORT JUNK.
We've long of deflation all year, adding positions across the yield curve. We're long Long-Term Treasuries (TLT) and we're short of High Yield (HYG).
Why? Because in #Quad4, the yield curve flattens, credit spreads blowout, and the Fed simply *cannot* hike to the heavens.
SHORT Russia
Hedgeye went short Russia (RSX) on January 3, 2022. Russia is down -79% since then.
No, we did not use a crystal ball to predict Russia would invade Ukraine. What we DID know is that Russia was entering back-to-back #Quad4's (the recipe for a deep economic recession) in Q1 & Q2 of 2022. Sh*t happens in #Quad4, and we're positioned for it.
OIL = DEEP #QUAD4
Oil (WTI) has been absolutely ripping. And all that does is CEMENT our Deep #Quad4 in Q2 call. As McCullough highlighted in a recent The Macro Show:
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“Oil is up a lot … it’s going to continue to slow real consumer spending into Deep #Quad 4 in Q2. The two deepest parts of #Quad4 in Q2 will be the consumer, and corporate profits.” |
IT'S ALL ABOUT Market TIMING.
What was a surprise to some was an opportunity for #HedgeyeNation.
When markets came off their COVID cycle highs and crashed, who got investors out? Hedgeye CEO Keith McCullough did.
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"We're playing at the highest level because we're *beating* people at the highest level. When they're losing, you're winning; that's called alpha. This is Wall Street, not a social sciences experiment." |
Preserve and protect your portfolio today. Get high octane investing analysis from the firm who called the crash.