On The Macro Show today, Hedgeye CEO Keith McCullough warns investors to really think through the various Fed pivot narratives.

“We’ve created an entire country and capital market system that is based on Cowbell, says McCullough.

“Democrats and Republicans have one thing in common: Control. Print. Cowbell. If that changes, the next few years will be a very different investing landscape than anything you’ve ever seen. That’s the most important thing to think about, as opposed to constantly waking up with panic-stricken behavior on pivots.”

McCullough: Beware Of Cowbell (And Half-Baked Fed Pivot Narratives) - TMS Banner