Our macro call here at Hedgeye remains #LowerForLonger (Rates) due to #SlowerForLonger (Growth). Witness today's U.S. 1.5% GDP report. The answer to Hedgeye CEO Keith McCullough's question below? Seems pretty self-evident.
"When GDP gets cut by more than 50% quarter-over-quarter, the Fed should "raise rates", right?"