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Takeaway: We are removing German Equities from Investing Ideas today.

Please be advised that we are removing German Equities (EWG) from Investing Ideas today. 

EWG: Removing German Equities from Investing Ideas - Geramany flag building full

Below is a brief note from Hedgeye CEO Keith McCullough on the decision.

*  *  *  *  *  *  * 

  1. Recent correlation sensitivity of DAX to Euro – widening FX risk ranges making me less confident
  2. Recent rollover in higher-frequency (monthly) European economic data
  3. Reducing the length of our Investing Ideas List (looking for a market correction to add it back again)