In his final State of the Union address, President Barack Obama told the nation that anyone "claiming that America's economy is in decline is peddling fiction."
We're not in the business of "peddling fiction" here at Hedgeye. On the contrary. Our non-consensus macro team's granular 73-page slide deck released earlier this month shines the spotlight of truth on the current economic reality and outlines our current U.S. Recession call.
Let's be clear. Obama's rosy economic picture is false. This isn't a partisan, Republican or Democrat perspective, it's simply an honest appraisal of what's going on out there right now.
On a related note, GOP contenders have plenty of "non-fiction" to refute Obama's clams at tonight's Fox Business GOP Debate. Here are some key talking points any serious contender should consider ahead of the debate courtesy of our outspoken, reality-based CEO Keith McCullough.