In today's Early Look, Hedgeye CEO Keith McCullough broke down our list of TRADE and TREND signal breakdowns on the shoulders on inflation staying Higher For Longer And Accelerating.

  • Long-term Treasuries (TLT) continue to signal bearish on both my TRADE and TREND durations
  • The Japanese Yen is crashing to 35 year lows vs. our #HFL Core Asset Allocation to USD (UUP)
  • The Russell 2000 (down -19.2% from its Cycle Peak) remains Bearish TREND this morning
  • META is a recent Bullish to Bearish @Hedgeye TREND breakdown too

CHART OF THE DAY: Inflation Causing Breakdowns - chrt5.1

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