0.5%
You've heard and read all the Wall Street hand-wringing and Fed jawboning that U.S. growth is just fine...nothing to worry about... maybe even accelerating?!... well it's not, and we've been consistently warning subscribers otherwise. Today's GDP report coming in at 0.5% for Q1 2016 confirms our Macro team's call.
Hang on, though. We're sticking with it. In fact, we believe the most difficult quarters for U.S. growth are yet to come. For more insight, check out the three videos below featuring Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale.
1. U.S. Economy Enters Most Difficult Part of Cycle (4/20/16)
In this brief excerpt from The Macro Show, Hedgeye Senior Macro analyst Darius Dale discusses how the U.S. economy has entered the toughest part of the cycle and why our growth estimate remains so bearish.
2. Barron’s: ‘3% Growth, No Recession’ … LOL (2/22/16)
In this animated excerpt of The Macro Show, Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale discuss why Barron’s is wrong on U.S. economic growth and why Q1 2016 GDP report will have a “0” in front of it.
3. The U.S. Economic Outlook In 2016? Not Good (12/28/15)
In this brief excerpt from The Macro Show last week, Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale discuss U.S. third quarter GDP and why our non-consensus 2016 growth outlook is looking grim.