CHART OF THE DAY: The Quads Are Global

08/03/22 08:07AM EDT

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

Fed “pivots” chase (economic) Quad Pivots on a 6-12 month lag. Think “transitory”… or now what they don’t consider #RecessionRisk.

So, back to answering the client question – where the initial Quad Model was “wrong” was in initially nowcasting that Q3 of 2022 could see a slight sequential GROWTH #accleration to what we call #Quad1. The incoming data has been so bad that that’s now a #Quad4.

CHART OF THE DAY: The Quads Are Global - qaa

© 2022 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.