• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here


    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

If you're just waking up and wondering what you've missed this morning, here it is:

FLASHBACK: @KeithMcCullough Issued Warning Before Today's -2.9% GDP Stink Bomb  - tums

"It is mathematically impossible, at this point, to get to anything that remotely resembles a 3-4% U.S. GDP economy," Hedgeye CEO Keith McCullough remarked in this morning macro conference call.  "Down -2.9%? That is just nasty. And they're making up the inflation number! If they used the real inflation number, I have to go through the math here, GDP might have been like minus 4% or more."

Our macro team has been warning on growth all year long. One example:

FLASHBACK: @KeithMcCullough Issued Warning Before Today's -2.9% GDP Stink Bomb  - boom1

Bottom line according to McCullough: Inflation slows real consumption growth.