CHART OF THE DAY: The Hedgeye GIP-Model Playbook

Thanks to all of you who tuned into our Q2 Global Macro Themes presentation @HedgeyeTV yesterday. I spent little time on tariffs, Trump tweets, etc. and lots of time on what the Old Wall and its growing consensus is missing on growth, profits, and inflation.

As always, your feedback and questions about our independent rate of change research process and its outputs were most welcomed. I didn’t get a ton of pushback yesterday. Most questions considered how to play our probable scenarios in different ways.

I know. Imagine that – our clients are actually looking for MORE ways to position for what we think is becoming probable (while consensus still considers these themes and ideas improbable)! #DontBeConsensus

Here are 3 examples of what I thought were good Institutional Investor questions:

1. If the US is headed toward Quad 3 in Q3, why not buy Energy stocks?
2. If the US Dollar is bottoming, why not buy Japanese stocks?
3. If this is the last quarter in Quad 2 and it is peak cycle, why stay with US Consumer Discretionary?