The S&P 500 is up 401 points (+28%) 2013 year-to-date.
Gold is down $475 (-28%).
How's that for a macro market mirror image?
Buying-The-Damn-Bubble #BTDB may not sound polite, but it's been working like a charm. A stronger US Dollar and #RatesRising can perpetuate both of these moves further.
Editor's note: This is an excerpt from Hedgeye CEO Keith McCullough's morning research. For more information on how you can become part of the Hedgeye Revolution click here.