Remember This? McCullough On Fox Business: "Jobs Growth Is Slowing" (11/6/15)

06/03/16 12:12PM EDT

Oh how the tables have turned...

Today's #JobsBomb was downright terrible. Vomitous. And to be clear, virtually no one on Wall Street saw this coming ... except of course our Macro team. 

Rewind to November. Outspoken Hedgeye CEO Keith McCullough was on Fox Business. He was warning viewers about the risks of #EmploymentSlowing, while most pundits were applauding the "Where's Waldo" Jobs Report that showed a non-farm payroll number of 271,000. In the clip above, McCullough laid out our call on #TheCycle and why the U.S. economy is sliding off its peak.

http://video.foxbusiness.com/v/4599818322001/us-economy-adds-271k-jobs-in-october/?#sp=show-clips

By the way, back then the 10-year Treasury yield was at 2.32%.

Today? 1.72%.

Yes, U.S. growth is slowing.

yes. we called it.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.