prev

REPLAY! This Week On HedgeyeTV

Our deep bench of analysts take to HedgeyeTV every weekday to update subscribers on Hedgeye's high conviction stock ideas and evolving macro trends. Whether it's on The Macro ShowReal-Time Alerts Live or other exclusive live events, HedgeyeTV is always chock full of insight.

 

Below is a taste of the most recent week in HedgeyeTV. (Like what you see? Click here to subscribe for free to our YouTube channel.)

 

Enjoy!   

 

1. Airbnb Is an Existential Threat to the Hotel Industry (6/11/2016)

 

 

In this brief excerpt from The Macro Show, our Gaming, Lodging & Leisure Sector Head Todd Jordan explains why Airbnb is a significant threat to the hotel industry.

 

2. This Is One of the Top-3 Stock Market Bubbles in History (6/10/2016)

 

 

In this excerpt from The Macro Show this morning, Hedgeye CEO Keith McCullough and Demographics Sector Head Neil Howe discuss why “the stock market is one gigantic emotional rollercoaster” perched perilously at its peak. 

 

3. The Bullish Case for Life Insurance | Q&A with Neil Howe (6/9/2016)

 

 

Hedgeye Managing Director Neil Howe held a live Q&A on Thursday June 9 in which he discussed why life insurance company shares have been beaten down since the Great Recession, and makes the case for their comeback.

 

Click here to read Howe’s associated About Everything piece.

 

Click here to access the associated slides.

 

4. Benn Steil: Donald Trump Is a Clear and Present Market Danger (6/8/2016)

 

 

Would a Trump presidency be bad news for the global economy and markets? Benn Steil, director of international economics at the Council on Foreign Relations and author of "The Battle of Bretton Woods" thinks so. He discusses the disconcerting and adverse consequences a Trump presidency may have with Hedgeye CEO Keith McCullough.

 

5. Drake: Contextualizing the Biggest Deceleration in Credit Growth Since 2010 (6/7/2016)

 

 

In this brief discussion, Hedgeye U.S. Macro analyst Christian Drake analyzes the trend in consumer credit growth, which has been supporting consumption in the face of slowing income growth.

 

6. Yikes: Yellen’s Favorite Market Indicator Hits 7-Year Low (6/6/2016)

 

 

Hedgeye U.S. macro analyst Christian Drake takes a look at the “Labor Market Conditions Index” which just posted its 5th consecutive month of negative reading (worse since 2009) and what it portends for Fed policy.

 

7. McCullough: The Most Asymmetric US Corporate Profit Risk (Ever) (6/6/2016)

 

 

In this brief excerpt from The Macro Show this morning, Hedgeye CEO Keith McCullough reviews the “Fantasy Island” earnings risk blinding many investors and why second and third quarter earnings for most sectors will be “awful.”


Airbnb Is an Existential Threat to the Hotel Industry

 

In this brief excerpt from The Macro Show, our Gaming, Lodging & Leisure Sector Head Todd Jordan explains why Airbnb is a significant threat to the hotel industry and its potential for a big IPO.


The Week Ahead

The Economic Data calendar for the week of the 13th of June through the 17th of June is full of critical releases and events. Here is a snapshot of some of the headline numbers that we will be focused on.

 

CLICK IMAGE TO ENLARGE.

The Week Ahead - 06.10.16 Week Ahead


Daily Trading Ranges

20 Proprietary Risk Ranges

Daily Trading Ranges is designed to help you understand where you’re buying and selling within the risk range and help you make better sales at the top end of the range and purchases at the low end.

This Week In Hedgeye Cartoons

Our cartoonist Bob Rich captures the tenor on Wall Street every weekday in Hedgeye's widely-acclaimed Cartoon of the Day. Below are his five latest cartoons. We hope you enjoy his humor and wit as filtered through Hedgeye's market insights. (Click here to receive our daily cartoon for free.)

 

Enjoy!

 

1. LOST (6/10/2016)

This Week In Hedgeye Cartoons - Fed cartoon 06.10.2016

 

What can we expect from the FOMC next week?

 

"Remember that projecting an air of confidence and maintaining maximum policy optionality requires carefully treading the hawkishly dovish messaging line … or maybe it’s the dovishly hawkish line," Hedgeye U.S. Macro analyst Christian Drake wrote in today's Early Look.

 

In other words, if you're hoping for clarity, don't hold your breath. There's more nonsensical Fed-speak to come.

 

2. Drinking The Kool-Aid? (6/9/2016)

This Week In Hedgeye Cartoons - central bank kool aid 06.09.2016

 

Did you drink the central planning Kool-Aid?

 

3. Squirrelly (6/8/2016)

This Week In Hedgeye Cartoons - S P 500 cartoon 06.08.2016

 

This one speaks for itself.

 

4. Sobriety Checkpoint Ahead (6/7/2016)

This Week In Hedgeye Cartoons - Yellen cart 06.07.2016

 

FYI: The Yellen Fed isn't "data dependent." It's S&P 500 dependent.

 

5. Yellen & Screamin' (6/6/2016)

This Week In Hedgeye Cartoons - Hawk dove cartoon 06.06.2016

 

The mercurial Fed has pivoted from Hawkish (in December) to Dovish (March/April) to Hawkish (May). With today's speech, market consensus now perceives Yellen & Co. as flipping back to Dovish here in June. Clearly, the Fed is perpetuating a massive amount of volatility in macro markets.


Cartoon of the Day: LOST

Cartoon of the Day: LOST - Fed cartoon 06.10.2016

 

What can we expect from the FOMC next week?

 

"Remember that projecting an air of confidence and maintaining maximum policy optionality requires carefully treading the hawkishly dovish messaging line … or maybe it’s the dovishly hawkish line," Hedgeye U.S. Macro analyst Christian Drake wrote in today's Early Look.

 

In other words, if you're hoping for clarity, don't hold your breath. There's more nonsensical Fed-speak to come.


Capital Brief: No Money, Mo' Problems For Trump?

Editor's Note: Below is a brief excerpt from Hedgeye Potomac Chief Political Strategist JT Taylor's Capital Brief sent to institutional clients each morning. For more information on how you can access our institutional research please email sales@hedgeye.com.

 

Capital Brief: No Money, Mo' Problems For Trump? - capital brief

NO MONEY, MO’ PROBLEMS:

Donald Trump’s finance team held its first official meeting amid concerns over the campaign’s lack of a finance team, infrastructure and coordination with the RNC with less than five months left to prepare for the general election. In most election cycles, fundraising for presidential campaigns starts 18 to 24 months out - and Trump will be at a disadvantage out of the gate given his continued controversies and general lack of enthusiasm among the Republican donor class leading many to question whether Trump can achieve his previously stated goal of raising $1 billion.

 

Donors are disturbed with the threadbare nature of his campaign which continues to struggle in carrying out even the most basic of functions. He lacks pollsters, data and field expertise, a policy-writing shop, and a communications apparatus - and will soon find that the general election is a different animal than the primary.

CLINTON’S CASH COW:

On the other hand, when it comes to fundraising, Hillary Clinton and the Democrats are running like a well-oiled machine. She’s spent well over $200 million, has a large campaign staff with seasoned veterans, and continues to pad her war chest every day. Additionally - with Clinton, well, being a Clinton - she enjoys a deep bench of supporters ready to fundraise, cut ads, hit the campaign trail, and utilize social media. When Bernie Sanders finally exits the race, she’ll look to tap into a deep reservoir of new (and smaller) donors padding her fundraising lead.

WARRENTED ENDORSEMENT:

In what may be an audition for the prototypical running mate, Elizabeth Warren launched another blistering attack on Donald Trump, the Republican party, and calls for Wall Street reform. Warren has been suggested as  Clinton’s veep choice by none other than Minority Leader Harry Reid, despite his warning on choosing a senator from a state with a Republican governor. The case for Warren is clear - she’s an outspoken populist-progressive leader who would rally the supporters of Bernie Sanders to Clinton’s cause.


Early Look

daily macro intelligence

Relied upon by big institutional and individual investors across the world, this granular morning newsletter distills the latest and most vital market developments and insures that you are always in the know.

next