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.
"... Instead of trying to day-trade their way to fame and “I’m not down YTD” fortune, I can’t for the life of me understand why it’s been so hard for the real growth bears to put on the real positions that are earning their investors absolute returns in 2016:
- Gold = +19.4% YTD
- Utilities (XLU) = +13.3% YTD
- Long Bond (TLT) = +6.4% YTD"