28 Percent

12/24/13 11:19AM EST

28 Percent - 881

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.

28 Percent - Gold vs SPX

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.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.