We've been bullish on the Long Bond (TLT) since August 2014. Here's what the score looks like versus the S&P 500.
In fact, Hedgeye CEO Keith McCullough is fond of saying, "I'm the most bullish guy on Wall Street... on Long Bonds." Below are four recent videos in which Hedgeye CEO Keith McCullough lays out our dour economic outlook and explains why that is bullish for Long Bonds.
1. McCullough on Fox Business, 10/20/2015.
"If you’re a CIO and you told everyone that rates would surprise to the downside, you’re doing your job. You’re giving [clients] a much lower volatility profile and they would have a big position in the Long Bond. To me that’s the elephant stomping around in the room."
2. McCullough on The Macro Show, "The Best Way to Play the Coming Recession," 12/29/2015.
3. McCullough on The Macro Show, "This Is Our Best Idea Right Now," 12/30/2015.
https://www.youtube.com/watch?v=7TNpPrjUYJ8
4. McCullough on Fox Business, "The Economy Is A Slow Moving Train Wreck," 1/4/2016