CHART OF THE DAY: Reiterating Global #Quad4 Recession

08/29/22 07:49AM EDT

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

Depending on what you need to buy in order to live (some people just have to buy Meme Stocks), last week had plenty of things on sale, including certain (but not all) Commodities:                  

  • Copper had a bear market bounce of +0.7% last week to -13.5% in the last 3 months

And, if you shorted Dr. Copper (or Dr. KOSPI), like a boss at lower-highs last week, #WellDone. Those two sick puppies are down another -3.4% and -2.2%, respectively, this morning = Global #Quad4 Recession, reiterated.

CHART OF THE DAY: Reiterating Global #Quad4 Recession - ccc2

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