Tame your emotions.
That about summarizes what Hedgeye CEO Keith McCullough counsels in the video above. “There’s a discipline to how you should make your decisions so that when you hit your portfolio with those decisions it forces you not to do something radical,” McCullough says.
Below are some of the topics covered in the video and brief tips from McCullough and Senior Macro analyst Darius Dale:
- Industrial Recession: “We had an industrial recession. US Industrial growth peaked in 2014, the stocks got hammered. The people who were long them were in the fetal position,” McCullough says. “And now it’s trying to bake in that you’re going to come out of the red.”
- Federal Government Debt Sustainability?: “Incomes are growing and rates are going up because the growth algorithm has changed. If that’s sustainable then rates aren’t really the issue that most investors think they are,” Dale sales.
- Portfolio Sizing & Timing: “Your longs should always be larger than your shorts because of the market’s natural tendency to go up,” McCullough says.