• Webcast: The Massive Tectonic Shifts in the Global Economy

    Trendspotting investment strategist and former WH economic advisor Pippa Malmgren talks markets and geopolitics with Keith McCullough

Editor's Note: Below is a chart and excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

And, from a US Equity Style Factor perspective, what got hit the hardest were the Style Factors you should have stayed long for at least the last 15 months:

A)     Top 25% EPS Growers were down -5.8% on the week, under-performing the SP500
B)      Top 25% SALES Growers were down -5.7% on the week, under-performing the SP500

*mean performance of Top Quartile vs. Bottom Quartile, SP500 companies

Whether all, none, or some of these week-over-week macro market moves make sense to you isn’t the point of contextualizing The Game this way.

Less words and more numbers provide the brevity and conciseness that our sometimes qualitative minds desperately need for risk management discipline. 

CHART OF THE DAY: A Big Test For Style Factor Trends - 02.12.18 EL Chart