Editor's note: This is a brief excerpt from Hedgeye research earlier this morning. Click here to learn more our options for individuals.
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On big U.S. equity beta chases in 2015, our favorite sector to lie out on the short side when we’re at the top-end of the risk range remains the Financials (XLF).
Mainly because we think long-term rates continue to make lower-lows. Incidentally, if we get a bad jobs print this Friday, we can get you UST 10YR Yield of 1.61%, in a hurry.