Hedgeye’s Macro Team recently released our Q1 Macro Themes—three key global macro forces we believe will play a dominant role in shaping the markets near term.
#GrowthDivergences is one.
Looking to the U.S., Europe, China and Japan, we see the heavyweights of the world economy diverging from an economic growth perspective as some countries and/or regions are much further along in the economic cycle than others. We highlight those divergences and identify which countries and/or regions you want to be allocating assets to at the start of the year.
Our macro call is bearing fruit. Take a look.
The point here is that country/sector/asset picking matters in a lower variance, divergent performance environment. Some big YTD divergence…and the YTD is only a few weeks old.
This is a complimentary excerpt from Hedgeye research.