CHART OF THE DAY: Globally Synchronized Recovery? #Drink

04/02/18 07:54AM EDT

 Editor's Note: Below is an excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more about the Early Look.

“So”… that’s 6 for 6 on Bearish TRENDs in major Global stock markets… and mainly why people who have their portfolios choke full with a “Globally Synchronized Recovery” may very well have hit the bottle hard this weekend.

#Drink

And if you don’t drink, that’s totally cool with me… but looking at the US Equity Style Factor performance for the last month, you might need some other type of self-medication because there are some serious pain trades going #on right now:

  1. HIGH BETA was down -0.7% in an up tape last week and is -3.1% in the last month
  2. LOW YIELD was down -0.7% last week and is -1.2% in the last month
  3. TOP 25% EPS growers were down -0.5% last week and are down -1.2% in the last month 

CHART OF THE DAY: Globally Synchronized Recovery? #Drink - 04.02.18 EL Chart

CHART OF THE DAY: Globally Synchronized Recovery? #Drink - early look

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