Why Texas Is (Not) Going to Love A Rate Hike (In 3 Charts)

11/09/15 09:48AM EST

"A Fed rate hike ensures a depression of a year for Commodity and Emerging Market bulls," wrote Hedgeye CEO Keith McCullough this morning.

Why Texas Is (Not) Going to Love A Rate Hike (In 3 Charts) - Oil cartoon 01.05.2015

Here are three charts he's highlighting.

"Oil: Barely bouncing this morning post another -4.9% #Deflation last week to -25% YTD. Texas is going to love a rate hike."

Why Texas Is (Not) Going to Love A Rate Hike (In 3 Charts) - WTI

"Strong Dollar #Deflation matters."

Why Texas Is (Not) Going to Love A Rate Hike (In 3 Charts) - USD

"Commodities: CRB Index -2.3% last wk to -16.9% YTD #Deflation."

Why Texas Is (Not) Going to Love A Rate Hike (In 3 Charts) - CRB

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