Baseball Hall of Famer Dizzy Dean famously said, "It ain't braggin' if you done it." It's in this spirit which we showcase the fact that Hedgeye's macro team led by CEO Keith McCullough has been proactively heralding the huge risk and related market implications of growth slowing around the globe. It was this reality which played the lead role in this week's market carnage which sent the S&P 500 spiraling down almost -6% for the week.
It has been a contrarian call all along. Our team of analysts made it.
Here's a small sampling of what people are saying right now about us following the market madness. (Make sure to continue reading below where we show two important charts which we've been flagging for our subscribers.)
We would also like to mention that our completely non-consensus call on the long bond (via TLT) -- a call that was consistently derided by so many mainstream pundits -- has turned out (yet again) to have been a monstrously good one.
Subscribers who followed our recommendation were sheltered from this week's market storm and gained almost +2%. During the past month, TLT has gained +5.7% versus a -6.8% loss for the S&P 500 (a +1,200 basis point difference).
Two key charts we've been flagging:
Click to enlarge
And a couple more cartoons for good measure:
our Risk-Manager-In-Chief citing deflationary risk 9/14: