As many of you already know, our three Q2 Macro Themes here at Hedgeye were:
All three of these themes have played out well.
That being said, we are keeping a close eye on what's going on in the Middle East right now. In particular, the violence in Egypt following the military-led ouster of Islamist president Mohamed Mursi.
The biggest threat to our #GrowthAccelerating investment theme is the price of Brent Oil which has caught a bid following the Egyption chaos. If Brent closes, and ultimately holds above the long-term TAIL risk line of $108.36, watch out.
We are keeping a close eye on this one.