To listen to the Q4 2012 Macro Themes Conference Call hosted earlier today by the Hedgeye Macro Team, led by CEO Keith McCullough and DOR Daryl Jones, please follow the link below:
Q4 2012 Macro Themes Call Replay (Please note in order to access the replay you will need your hedgeye.com login information.)
To view the presentation follow the link below:
- #EarningsSlowing - Corporate margins are stretched on numerous metrics. Even with financial engineering we suggest there's limited upside in the results from here. We expect the gravity of global growth slowing and inflation accelerating to impact consumer and corporate P&Ls alike.
- Bubble #3 - Following the tech and housing bubbles, the charts of Bernanke's Commodity Bubble could not be more crystal clear. So when does this bubble pop? We'll continue to take our cues from the U.S. Dollar and weigh the influence of policy and fundamentals across the complex.
- Keynesian Cliff - We wrap together an analysis of the U.S. Presidential race with the nearing US fiscal cliff. We discuss the impact of investors potentially shifting their attention away from Europe and back to the U.S.'s ugly imbalances.
ABOUT KEITH MCCULLOUGH
Prior to founding Hedgeye Risk Management, Keith built a track record as a successful hedge fund manager at the Carlyle-Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners, and Dawson-Herman Capital Management. He got his start as an institutional equity sales analyst at Credit Suisse First Boston after earning his Bachelor of Arts in Economics from Yale University, where he captained the Yale Varsity Hockey Team to a Division I Ivy League Championship. Keith is also a Contributing Editor to CNBC TV, Fortune Magazine and author of Diary of a Hedge Fund Manager (Wiley 2010).
ABOUT DARYL JONES
Prior to joining Hedgeye Risk Management, Daryl was the Sector Head for Basic Materials at HIG Capital's hedge fund, Brightpoint Capital. Earlier, Daryl founded the public investment effort at Onex Corporation, a leading private equity firm. At Hedgeye, Daryl covers commodities, geo-politics and major asset classes outside of equities.
Hedgeye Risk Management is a leading independent provider of real-time investment research. Focused exclusively on generating and delivering actionable investment ideas, the firm combines quantitative, bottom-up and macro analysis with an emphasis on timing. The Hedgeye team features some of the world's most regarded research analysts - united around a vision of independent, uncompromised real-time investment research as a service.