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Hedgeye's Director of Research Daryl Jones appeared on CNBC's Closing Bell Exchange this afternoon to discuss the S&P 500 and record highs being made in the US equity markets. Jones discussed how the strong outlook for the US dollar will be good for the American consumer and how derivative plays on housing are worth allocating capital to. He also reiterated his call made on CNBC last week that being bullish and overweight on US equities is the key to success.

You can watch Daryl's full appearance on CNBC in the video posted above.