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

"... This, of course, will be the 1st time the Fed raises rates into Corporate Profits #Slowing (math people: rate of change) since 1967. And while the punditry on “it’s only 25 beeps” was loud in October, most of that complacency has turned into economic concern." 

 

CHART OF THE DAY: Watch Out, Recession Risk Rising - 12.15.15 EL chart