Cartoon of the Day: The Dark Cloud of U.S. Growth

10/29/15 03:15PM EDT

Cartoon of the Day: The Dark Cloud of U.S. Growth - GDP cartoon 10.29.2015

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?"

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.