Are you bearish enough? That’s a question we’ve been asking investors recently.
“People say to me all the time, ‘Keith, you’re too bearish.’ This is not like the Great Financial Crisis. There’s no Dick Fuld.’ Yes, but there’s Bankman-Fried,” Hedgeye CEO Keith McCullough explains in the video excerpt from “The Macro Show” above.
McCullough explains the impact a slowing U.S. economy is already having on household wealth and highlights the current collapse in the U.S. Housing market. Spoiler alert: The speed of the current housing decline is already eclipsing the pace of the Great Financial Crisis of 2008 and the COVID downturn.