"I guess people are right freaked out about US Growth 'risk' again," wrote Hedgeye CEO Keith McCullough this morning. "That's fine by me, because this morning's US growth and inflation data (USA’s OCT Retail Sales +4.6% y/y and CPI +2.0% y/y) was much more impressive than what the South of Europe has going on economically (France's CPI came in at +1.1% y/y in OCT)." Meanwhile, European 10yr Yield down (again) across the board as #EuropeSlowing manifests in the south.
Click here to receive our daily cartoon (for free).
