Below is a brief excerpt and "Chart of the Day" highlighted in today's Early Look by Hedgeye CEO Keith McCullough.
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In Commodities, the most important move last week was in Oil: A) Oil (WTI) inflated +3.4% last week after moving back to Bullish TRADE and TREND And Oil is inflating another +0.4% this morning. That’s going to help perpetuate #HFL (higher for longer) on INFLATION in the July CPI report. |
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