A long-term bear market in one of Bernanke’s Down Dollar asset bubbles remains firmly intact. After failing the “breakout” for the technicians > 200 in June, the CRB Index is down -7% from that lowerlong-term high; it’s going to get decimated by Deflation’s Dominoes if the Fed tightens.
https://twitter.com/KeithMcCullough/status/770915644367855617
Editor's Note: The snippet above is from a note written by Hedgeye CEO Keith McCullough and sent to subscribers this morning. Click here to learn more.