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.)
1. Shot In The FTSE (6/24/2016)
The Brexit vote has set off a massive wave of selling in global equities.
2. Yellen's Flock (6/23/2016)
"In what seemed like an exasperating moment for the Fed Chair yesterday, when Senator Pat Toomey (PA) asked Janet Yellen if she’d yet considered that 0% rates might be a bad thing in the years 2017 and beyond… she answered 'No.' Wow," Hedgeye CEO Keith McCullough wrote in a recent Early Look.
3. Enough Already! (6/22/2016)
It's nauseating how much the mainstream media talks about Thursday's U.K. referendum.
4. Chum (6/21/2016)
The most consensus macro position right now is long the S&P 500.
5. Short-Sighted (6/20/2016)
Investors caught up in Brexit risk can't see the forest for the trees.
"Our long-cycle call for #GrowthSlowing won’t die this morning either," Hedgeye CEO Keith McCullough wrote in this morning's Early Look. “No Brexit” or not, it’s booked until at least Q3/Q4 when macro markets have fully priced it in."