A Sneak Peek At Hedgeye's 2017 GDP Estimates

A Sneak Peek At Hedgeye's 2017 GDP Estimates - boxer victory


The gloves are coming off. There will be blood.


We’re hosting an exclusive HedgeyeTV Q&A between Hedgeye CEO Keith McCullough and bestselling author and economist Jim Rickards today at 10:45AM ET. (Click here for access.) You won’t find two smarter guys debating the fundamental question about where the U.S. economy is headed next.


  • Rickards says U.S. growth is slowing
  • McCullough says U.S. growth is accelerating


Which is it? You decide. Click here to join us live at 10:45AM ET to listen to the debate and ask McCullough and Rickards

We Say U.S. Growth is Accelerating

A Sneak Peek At Hedgeye's 2017 GDP Estimates - U.S. Real GDP Estimates YoY 4 21 17


The Chart of the Day above shows our GDP estimates versus Wall Street consensus and the Atlanta Fed and New York Fed GDP trackers. As you can see, our estimates (blue line) outstrip all of these forecasts for the balance of 2017.


"Since our GIP Model (Growth, Inflation, Policy) model signaled a shift from trending US #GrowthSlowing to #Accelerating in November 2016, you’ve seen me literally signal buy every damn dip in something like the Nasdaq (QQQ) since," writes Hedgeye CEO Keith McCullough in today's Early Look.


That's been a winning strategy. Since Election Day, major U.S. equity indices are up between 10% and 16%. Here's McCullough in the video below further breaking down what we think about U.S. economic growth from The Macro Show yesterday.


Cartoon of the Day: Hard-Headed Bears

How's this for "hard data"? So far, 107 of 497 S&P 500 companies have reported aggregate sales and earnings growth of 4.4% and 13.2% respectively.

read more

Premium insight

McCullough [Uncensored]: When People Say ‘Everyone is Bullish, That’s Bulls@#t’

“You wonder why the performance of the hedge fund indices is so horrendous,” says Hedgeye CEO Keith McCullough, “they’re all doing the same thing, after the market moves. You shouldn’t be paid for that.”

read more

SECTOR SPOTLIGHT Replay | Healthcare Analyst Tom Tobin Today at 2:30PM ET

Tune in to this edition of Sector Spotlight with Healthcare analyst Tom Tobin and Healthcare Policy analyst Emily Evans.

read more

Ouchy!! Wall Street Consensus Hit By Epic Short Squeeze

In the latest example of what not to do with your portfolio, we have Wall Street consensus positioning...

read more

Cartoon of the Day: Bulls Leading the People

Investors rejoiced as centrist Emmanuel Macron edged out far-right Marine Le Pen in France's election day voting. European equities were up as much as 4.7% on the news.

read more

McCullough: ‘This Crazy Stat Drives Stock Market Bears Nuts’

If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.

read more

Who's Right? The Stock Market or the Bond Market?

"As I see it, bonds look like they have further to fall, while stocks look tenuous at these levels," writes Peter Atwater, founder of Financial Insyghts.

read more

Poll of the Day: If You Could Have Lunch with One Fed Chair...

What do you think? Cast your vote. Let us know.

read more

Are Millennials Actually Lazy, Narcissists? An Interview with Neil Howe (Part 2)

An interview with Neil Howe on why Boomers and Xers get it all wrong.

read more

6 Charts: The French Election, Nasdaq All-Time Highs & An Earnings Scorecard

We've been telling investors for some time that global growth is picking up, get long stocks.

read more

Another French Revolution?

"Don't be complacent," writes Hedgeye Managing Director Neil Howe. "Tectonic shifts are underway in France. Is there the prospect of the new Sixth Republic? C'est vraiment possible."

read more

Cartoon of the Day: The Trend is Your Friend

"All of the key trending macro data suggests the U.S. economy is accelerating," Hedgeye CEO Keith McCullough says.

read more