Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by Hedgeye Director of Research Daryl Jones.

In the Chart of the Day, we show our updated GDP projections for the U.S.

As we have been noting, the majority of the data as of late has suggested growth is slowing. Not slowing in a crash sort of way, but certainly tipping the economy more into a #Quad3 than a #Quad2.

CHART OF THE DAY: Growth Set to Slow - Snag 15454590

CHART OF THE DAY: Growth Set to Slow - Hedgeye University