Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.
"... As you can see in today’s Chart of The Day, if you’re part of the 10%, you have to admit we’re killing it as at least 50-60% are getting killed by cost of living. The Top 10% of US Households (by wealth distribution) own 85% of US Financial Assets.
Since the next 25% own 3% and the next 50% only own 1%, who really cares about the Fed other than us?"