"I openly challenge the Federal Reserve to hike into this #LateCycle Slowdown," Hedgeye CEO Keith McCullough wrote following today's jobs report. "If perma-stock market bulls are so ready for a rate hike, have at it. See what happens."
If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.read more
"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”read more