CHART OF THE DAY: Has U.S. Consumer Confidence Peaked?

11/16/15 08:41AM EST

Editor's Note: Below is a brief excerpt and chart from this morning's Early Look written by Hedgeye CEO Keith McCullough. Click here to subscribe. 

"... As you can see in today’s Chart of The Day, US Consumer Confidence looks a lot like the US economic and profit cycle. Elevator on the way up, and windows on the way down. Since it’s behavioral, it makes sense – unless you don’t do #behavioral.


If you don’t do history, math, and behavioral – you don’t do macro like we do. And we’d humbly submit that if you don’t do rate of change macro like we do, macro is currently doing you."

CHART OF THE DAY: Has U.S. Consumer Confidence Peaked? - 11.16.15 EL chart

© 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.