Cartoon of the Day: Head In The Sand

02/09/16 04:09PM EST

Cartoon of the Day: Head In The Sand - Fed ducks in a row

Our Macro team has been highlighting the increasing likelihood that the U.S. economy slips into recession this year. The Fed is completely oblivious to the slowdown. "Every time the Fed misses calling the recession, they reverse to panic policy then consensus panics," Hedgeye CEO Keith McCullough wrote today. 

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