The Economic Data calendar for the week of the 12th of September through the 16th of September is full of critical releases and events. Here is a snapshot of some of the headline numbers that we will be focused on.
He may wear Lululemon’s clothes, but Hedgeye Retail analyst Alec Richards is recommending investors short the stock. He gives a granular look into why shares of LuluLemon (LULU) have considerable downside from here.
Hedgeye CEO Keith McCullough handpicks the “best of the best” long and short ideas delivered to him by our team of over 30 research analysts across myriad sectors.
Takeaway: The Fed hatches (yet) another headscatcher.
This is what your portfolio will look like if the Fed hikes (again) into a slowdown.
Boston Fed head Eric Rosengren's "time to hike" comments must be part of a new Federal Reserve policy initiative to be anti-data-dependent. In the face of very obvious U.S. #GrowthSlowing data, he just ramped the Fed Funds Futures on a SEP hike from 20% to 34%.
That's why stocks and bonds are down. That's also giving you an immediate-term TRADE oversold signal in most things I like.
I'll leave you with the chart below. Wasn't this Janet Yellen's favorite indicator once upon a time?
Takeaway: Rolex is evolving. We’re not so sure it should.
Editor's Note: This is a recent research note written by our Retail team. Email firstname.lastname@example.org for more information.
We always pick up on anecdotes of private brands, as do most retail analysts. But here’s our take on an interesting one as it relates to Rolex (private) that we think serves as a good brand study.
Rolex is evolving. We’re not so sure it should.
The best play here is Tiffany – though that call goes far beyond this Brand Study (it’s only the 446th ranked keyword on Tiffany.com). Sales should still slow, as its traditional customer gradually shifts away from the brand, sales per square foot weakens, and margins compress as the inability to sell successfully online while maintaining brand cache plagues the long-term story. Numbers remain too high.
Join Demography Sector Head Neil Howe and Healthcare Sector Head Tom Tobin as they discuss the latest About Everything edition Healthcare for the Middle Class?
Get The Macro Show and the Early Look now for only $29.95/month – a savings of 57% – with the Hedgeye Student Discount! In addition to those daily macro insights, you'll receive exclusive content tailor-made to augment what you learn in the classroom. Must be a current college or university student to qualify.