"The problem with our industry is that many investors are flat-out lazy and would rather defer to a "proprietary survey" than analyze the data," Hedgeye Senior Macro analyst Darius Dale wrote earlier this morning.
At Hedgeye, we analyze Macro markets differently than Wall Street. Here's an us vs. them comparison...
OLD WALL:
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HEDGEYE:
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"Many investors would prefer a short email with the first chart but the good ones prefer to analyze the latter table," Dale writes.
In our model, the fundamentals buried in macro markets continue to deteriorate. That's why we've been bearish on the U.S. economy (#GrowthSlowing & #Recession) and have warned subscribers about a coming crash in equities. Meanwhile, conflicted Old Wall strategists and journalists remain blissfully (or willfully) ignorant to these market risks.
Watch the video below of our take on Barron's recent "No U.S. Recession, 3% Growth" cover story:
