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Editor's Note: Below is a brief excerpt and chart from today's Early Look which was written by Hedgeye Director of Research Daryl Jones. Click here to learn more and to subscribe.

CHART OF THE DAY: Share of Millennials Living At Home With Mom and Dad - zz COD

"...Speaking of which, we are pleased to have Neil Howe (the man who actually coined the term “Millennial”) speaking next week at Macrocrosm: The Dock Debates, our first investor conference.  On the topic of demographics, we asked Neil to discuss the impact that the super-connected 75+ million Milllennials will have on the upcoming Presidential election."