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. SHORT EARTH? (7/8/2016)
A gloomy mood is engulfing the globe.
2. Dumbbells (7/7/2016)
At the beginning of the year, some Fed officials suggested as many as five rate hikes in 2016. Not today. With a Fed gone dovish, the market is now skeptical of any rate hikes this year.
3. Wise Guys, Eh? (7/6/2016)
How long can these central planners keep this charlatan charade going?
4. Pounded (7/5/2016)
The British pound hit a 31-year-low against the dollar today as the Bank of England warned that "the current outlook for UK financial stability is challenging."