Today on The Macro Show, Hedgeye CEO Keith McCullough discusses the various ways you can allocate assets during periods of extreme #Quad4 market volatility, particularly if you’re not actively managing a long-short portfolio.
“If you’re just using what’s available in public markets, when both stocks and bonds go down and the only thing that goes up is dollars, it’s a tough position to be in other than being 70%, 80%, 90%, 100% cash,” McCullough explains.
“Away from that you can look for alternative investments,” McCullough continues, such as wine and physical Gold. What else? “You can be long of a hedge fund asset allocation where the person actually knows what they’re doing. Or you can do it yourself by being long-short with a whole book of shorts to offset your long only problems.”
And, on what to avoid in the alternatives space, listen to McCullough explain why he thinks private equity “is going to get crushed.”