Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.
"... From my perspective, here are the big macro mistakes I am not willing to make:
- Believe that 0% rates = 0% risk
- Believe that #Deflation Risk is “transitory”
- Believe that US #GrowthSlowing isn’t as big a risk as #Deflation
The most basic reason why I don’t believe these things is because neither the economic data nor real-time market prices do."