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The Call @ Hedgeye | August 10, 2022

This morning on The Macro Show, Hedgeye CEO Keith McCullough pulled zero punches discussing yesterday’s FOMC meeting and why he has zero trust in the Fed’s premise nor their process.

“I don’t respect their premise, that they can centrally plan and command economic gravity, or part the seas for that matter… and I don’t believe their bullshit process because it doesn’t work—they’re wrong like 70-80% of the time,” McCullough explains.

“I’m telling you what the numbers are, I’m telling you that they’re saying the opposite, and I’m telling you how they’re behaving in moments in time that are almost embarrassingly bad… it’s crazy.”

McCullough: The Fed Is An Unmitigated Disaster - Hedgeye University