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.)
Enjoy!
1. Reality Bites (11/4/2016)
The S&P 500 finished the week down -1.9%. It's not looking up for the bulls either. Our economic forecast suggests U.S. growth will continue its slow slide to 0%. Reality bites.
2. 8 Ball (11/3/2016)
“We don’t know what we’re doing.” That’s what one Fed governor recently told investor Jim Rickards at an intimate private dinner.
3. Nuts (11/2/2016)
Whether its Trump or Clinton, election risk is rising.
4. Earnings Season (11/1/2016)
This is how the earnings game is played. All companies beat Wall Street consensus' battered expectations. What actually matters, however, is the year-over-year rate of change.
5. Grim Reaper (10/31/2016)
U.S. economic growth (on a year-over-year basis) has fallen from 3.3% in March 2015 to 1.5% today.
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