Morning Reads on Our Radar Screen

Takeaway: A quick look at stories on Hedgeye's radar screen.

Keith McCullough – CEO

Egypt unrest: Tensions soar amid Cairo killings (via BBC)

IMF May Cut Global Growth Forecast as Emerging Markets Slow (via Bloomberg)

Japan Mergers Fall to Nine-Year Low as Yen Volatility Surges (via Bloomberg)

China ex-rail minister given suspended death sentence (via BBC)

 

Morning Reads on Our Radar Screen - earth2

 

Josh Steiner – Financials

Corzine off the crook: No criminal charges (via New York Post)

Bond investors face a reckoning as interest rates jump (via Los Angeles Times)

 

Daryl Jones - Macro

China Cash Squeeze Seen Creating Vietnam-Size Credit Hole (via Bloomberg)

 

Matt Hedrick - Macro

German economy struggles as exports and output tumble (via Reuters)

 

Kevin Kaiser – Energy

Deadly Train Derailment Fuels Crude-by-Rail Concerns (via WSJ)

 

Jonathan Casteleyn – Financials

Crowded ETF Exit Proving Costly as Bonds Trail: Credit Markets (via Bloomberg)

 

Tom Tobin – Healthcare

Kaiser Health Tracking Poll: June 2013 (via KFF.org)


Cartoon of the Day: Bulls Leading the People

Investors rejoiced as centrist Emmanuel Macron edged out far-right Marine Le Pen in France's election day voting. European equities were up as much as 4.7% on the news.

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McCullough: ‘This Crazy Stat Drives Stock Market Bears Nuts’

If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.

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Who's Right? The Stock Market or the Bond Market?

"As I see it, bonds look like they have further to fall, while stocks look tenuous at these levels," writes Peter Atwater, founder of Financial Insyghts.

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Poll of the Day: If You Could Have Lunch with One Fed Chair...

What do you think? Cast your vote. Let us know.

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Are Millennials Actually Lazy, Narcissists? An Interview with Neil Howe (Part 2)

An interview with Neil Howe on why Boomers and Xers get it all wrong.

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6 Charts: The French Election, Nasdaq All-Time Highs & An Earnings Scorecard

We've been telling investors for some time that global growth is picking up, get long stocks.

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Another French Revolution?

"Don't be complacent," writes Hedgeye Managing Director Neil Howe. "Tectonic shifts are underway in France. Is there the prospect of the new Sixth Republic? C'est vraiment possible."

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Cartoon of the Day: The Trend is Your Friend

"All of the key trending macro data suggests the U.S. economy is accelerating," Hedgeye CEO Keith McCullough says.

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A Sneak Peek At Hedgeye's 2017 GDP Estimates

Here's an inside look at our GDP estimates versus Wall Street consensus.

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Cartoon of the Day: Green Thumb

So far, 64 of 498 companies in the S&P 500 have reported aggregate sales and earnings growth of 6.1% and 16.8% respectively.

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Europe's Battles Against Apple, Google, Innovation & Jobs

"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”

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An Open Letter to Pandora Management...

"Please stop leaking information to the press," writes Hedgeye Internet & Media analyst Hesham Shaaban. "You are getting in your own way, and blowing up your shareholders in the process."

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