Below is a brief excerpt and "Chart of the Day" highlighted in today's Early Look by Hedgeye Macro analyst Christian Drake.

The idea that the fed may, in part, be cultivating a seed of its own reckoning has also been in heavy headline rotation the last few days. 

Below is the chart (updated) from our 2Q24 (March) Macro Themes Deck which highlighted this dynamic and its prospective evolution. 

CHART OF THE DAY: The Fed Could Drive Rent Higher - CoD2

This is a small taste from the Early Look which is delivered to investors every morning before the market opens. We encourage you to ditch the narrative-laden, CNBC-BS crowd and join a better way.

CHART OF THE DAY: The Fed Could Drive Rent Higher - Hedgeye University