Hedgeye CEO Keith McCullough recently penned an article for MarketWatch.com discussing the stock market and our economy. His focus is on getting economic growth right and earnings right in order to pick stocks correctly. In line with our thesis of Earnings Slowing, Keith lays out the case for his bearishness on the market, which is comprised of three reasons:
1. Economic growth in the U.S. and globally continues to slow.
2. U.S. corporate earnings slowing is a major market risk.
3. Bernanke’s commodity bubble is primed to deflate.