Below is a brief excerpt and the "Chart of the Day" from today's Early Look note written by Hedgeye Founder & CEO Keith McCullough.
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For those of you who want to zoom way out to our long-term TAIL Risk duration, we put this move in Brazil’s Bond Market in long-term context. Despite Lula trying to tell markets what to do, The Machine has opted to do what The Cycle is doing. That’s today’s Chart of The Day. It’s chart 116 of the Q1 Macro Themes deck we presented to our Institutional and Macro Pro subscribers on Wednesday. We had record attendance and sincerely appreciate your appreciation of our #process. |
