On The Macro Show, Hedgeye CEO Keith McCullough discusses why commodities continue to be a “bloody red mess” during a critical #Quad4 environment, and how outdated #OldWall narratives continue to miss the mark.
“I’ve said that I would short every single commodity when it’s at the top end of the range,” says McCullough. “The softs are not softening anymore, they’re crashing. There are so many places you can be making money here on the short side.”
Additionally, Wall Street can’t make up their minds on the inflation narrative. “The story from here is #RecessionRisk rising, yield curve inversion, earnings collapsing, and Elon lying about it.”
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