CHART OF THE DAY: The Data Doesn't Lie, U.S. Growth Is Slowing

Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye Director Darius Dale. Click here to subscribe. 

“The U.S. economy is #LateCycle and the probability of a recession commencing by mid-2016 is extremely elevated – both in absolute terms and relative to the belief held by the overwhelming majority of investors and policymakers. Moreover, the risk of a global recession is also great in this scenario.”

Click Image To Enlarge

CHART OF THE DAY: The Data Doesn't Lie, U.S. Growth Is Slowing - Chart of the Day Darius