On The Macro Show, Hedgeye CEO Keith McCullough shows how Nvidia’s (NVDA) recent decline highlights current bear market movements and why investors should be wary of #OldWall growth stock narratives.

“This is called a bear market. When the [slope], by the time it’s over, looks [down],” says McCullough. “I’ll cover for these [bounces] because I’m not an idiot that gets squeezed.”

“This is the big picture, so you don’t come into today long NVDA.”

McCullough: Don't Miss The Bear Market Big Picture - 3Q2022 Macro Themes