On today’s Morning Investment Call held for Hedgeye Subscribers, we discuss how permabulls would say to buy the dip in US equities today after yesterday’s pullback or whatever you want to call it. Just because stocks fell for five hours of trading doesn’t mean that everything is going to come crashing down. If you want to short something, short commodities because the US Dollar is strong. Strong Dollar = Strong America and Consumption. Meanwhile, Europe is getting smacked around, so if you’d like to be short something look there.
http://s3.amazonaws.com/hedgeye/re/podcasts/395458/conf_recorded_on_feb_21_2013_7_25am.mp3
You can listen to the full call in the audio posted above.