David Salem returned to host The Macro Show Monday, offering a powerful preview of how his new Capital Allocation product will provide Hedgeye subscribers the actionable data/guidance/insight they need to make smart(er) investment decisions.
For example, the visualization of the S&P 500’s best and worst days since 1928 shows how frequently the Index is in drawdown (red bars) in comparison to all-time highs (green bars).
“This is one of the many respects in which we can really help long-term allocators, give them the data they need to make informed choices,” Salem explains. “Against this background, where I see both the best and worst days for the S&P being in bear markets, what it screams to me is don’t have a nonzero minimum allocation to any risky asset.”
Keith McCullough adds: “What a chart. Talk about redefining risk management. We’d be gazillionaires for the amount of times we’ve read, ‘You got to be in the market, therefore…’ What you’ve got to be is not in drawdown is what that says.”
Watch the full clip above. For more information about subscribing to Salem’s Capital Allocation product, email support@hedgeye.com.
