Editor's note: This is an excerpt from today's Morning Newsletter written by Hedgeye CEO Keith McCullough. Click here to learn how you can subscribe.
For those of you who are new to my average at best sense of humor and risk management lingo, the aforementioned dump of macro signals are meant to contextualize multiple durations:
- Immediate-term TRADE and “risk range” commentary deals with the very immediate-term
- Intermediate-term TREND themes and signals consider a duration of 3 months or more
- And if I go all “long-term” TAIL on you, I’m considering the next 3 years or less