Editor's Note: This is a chart and excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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So while there’s been a healthy debate with our clients on timing Reflation’s Rollover Part II, there is no debate that the Sector Styles you might have been long on a Bullish Inflation view got smoked relative to real growth accelerating exposures last week. ...If you’re not used to having DOWN weeks, get used to having some (especially if equity volatility starts to TREND). While it may feel like the end of the world in New England and on Zero Edge this morning, we don’t make calls on how things “feel.” |
