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.)
1. Merry Christmas! (12/23/2016)
Happy holidays to you and your loved ones from everyone here at Hedgeye.
2. The Elephant in the Room (12/22/2016)
Cha-Ching! The U.S. Dollar index is up 8% in the quarter-to-date.
3. Christmas Wish List (12/21/2016)
The U.S. economy's message? Buy stocks, sell bonds and gold.
4. Bruised Bears (12/20/2016)
The S&P 500 is up almost 6% since Election Day. Small cap stocks? Up nearly 16%.
5. Whack-A-Market (12/19/2016)
Emerging Markets (EEM) are down -6.4% in the quarter-to-date as the Strong Dollar continues to ravage foreign country stock indices. The U.S. dollar index is up +8% over that same period. Take a look at this excerpt from Hedgeye Senior Macro analyst Darius Dale's recent research note, "Emerging Markets: Protect Your Neck From #StrongDollar."
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