Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to subscribe.
"... If all you looked at was the US stock market last week, your economic forecast would have gone up. Unfortunately, commodity #Deflation and a compression in the US Treasury Yield Spread didn’t corroborate the permanently bullish (consensus) US GDP outlook...
Commodities (CRB) Index deflated to new 2015 lows, -0.6% on the week to -20.1% YTD"