Eye on Transparency: What's In Your Wallet?

While my morning macro research process entails going through private equity deals and/or deals being speculated upon, the proverbial well on this front has been running cyclically dry as of late. In order to fill the void, investment banks and asset managers have been friendly enough to replenish my notebook.

The problem is, of course, that these data points continue to be alarming. Consider the top 2 from this morning's news run:

1. UBS and Swiss bankers being issued a "John Doe Summons" in order to unearth Americans with "secret" banking accounts (i.e. Tax Fraud)??

2. Legg Mason "entering agreements to protect 3 money market funds"??

Without wasting any more keystrokes, I think you can come to your own conclusions on how dire the state of affairs has become in this country.

KM

Another French Revolution?

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Cartoon of the Day: The Trend is Your Friend

"All of the key trending macro data suggests the U.S. economy is accelerating," Hedgeye CEO Keith McCullough says.

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A Sneak Peek At Hedgeye's 2017 GDP Estimates

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Cartoon of the Day: Green Thumb

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An Open Letter to Pandora Management...

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The first quarter earnings pre-announcement today is not the end of the story for Mednax (MD). Rising labor costs and slowing volume is a toxic cocktail...

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Energy Stocks: Time to Buy? Here's What You Need to Know

If you're heavily-invested in Energy stocks it's been a heck of a year. Energy is the worst-performing sector in the S&P 500 year-to-date and value investors are now hunting for bargains in the oil patch. Before you buy, here's what you need to know.

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McCullough: ‘My 1-Minute Summary of My Institutional Meetings in NYC Yesterday’

What are even some of the smartest investors in the world missing right now?

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Cartoon of the Day: Political Portfolio Positioning

Leave your politics out of your portfolio.

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Jim Rickards Answers the Hedgeye 21

Bestselling author Jim Rickards says if he could be any animal he’d be a T-Rex. He also loves bonds and hates equities. Check out all of his answers to the Hedgeye 21.

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Amazon's New 'Big Idea': Ignore It At Your Own Peril

"We all see another ‘big idea’ out of Amazon (or the press making one up) just about every day," writes Retail Sector Head Brian McGough. "But whatever you do, DON’T ignore this one!"

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