• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Cartoon of the Day: Slow Growth Gorilla! - Slow growth cartoon 09.11.2015 copy

Below is an abridged excerpt from today's Early Look:

A little bit of a #TepperTantrum yesterday from the Appaloosa Management founder and stalwart bull. 

 

Advocating higher cash allocations, highlighting higher volatility and increasingly challenged corporate fundamentals, voicing concerns over current multiples and pervasive over-optimism around forward growth prospects.   

 

Sound familiar?

 

Tepper’s fundamental and valuation concerns are really just manifestations of our current late-cycle reality and a recapitulation of our 2Q15 #LateCycle Macro Theme.   

 

We don’t always agree with Tepper but, when we do, we like to do it 3-months and 150 SPX handles ago.