The U.S. economy has accelerated four straight quarters. When will economic growth begin to slow?
It’s a question Hedgeye CEO Keith McCullough has been hearing a lot lately. He thinks most of the people asking it are missing the bigger picture.
“At least 80% of people who have asked this question are focused on when it needs to end, as opposed to the probability of it continuing,” McCullough says in the above excerpt from The Macro Show. The data on growth, inflation, and profits, suggests the “very probable outcome is that it continues.”
“We’re not hiding it in the closet,” McCullough says. “The data is getting better, not worse. The very real probability that this continues is how you should have been positioned.”
Watch the video above for more.