Below is the "Chart of the Day" from today's Early Look and a brief excerpt written by Hedgeye CEO Keith McCullough. If you're interested in learning more about how we approach protecting and growing our capital, make sure to download Keith's free 52-page eBook below.
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How about US Treasury Secretary, Scott Bessent? Does he disagree that stable money fosters productive growth? Good morning, Scott! I’m pretty sure I know what you think on this topic. While Macro Tourists in MSM were running with the headline that you “want a lower 10yr Yield” yesterday, most of them missed what you really said. ...Instead of doing what Janet Yellen did (as you can see in today’s Chart of The Day, Janet deployed what we call “Bill-nado”, crushed US Treasury Bond Volatility, greenlit stocks, and saved Christmas!), Bessent believes the free market will do the Bond Yield work for him. I can’t overemphasize what a difference this is in both belief systems and strategies. |
