McCullough: Investors Living In ‘Land of Complacency’

04/23/18 10:41AM EDT

https://youtu.be/P7OvAjwfOIc

The U.S. stock market is in uncharted territory.

Volatility (VIX) hovered near all-time lows at the same time the U.S. economy tied the all-time record for consecutive quarters of growth. In other words, investors are in a tricky position.

Investors need to remain extra vigilant during this unexplored time of accelerating growth versus realized volatility, says Hedgeye CEO Keith McCullough.

“Everything was ‘buy the damn dip,’ everything was obvious, and growth was accelerating for seven consecutive quarters,” McCullough says in the recent clip above.

“This is a really dangerous place to be. Volatility never went that low before. You are in the land of complacency.”

Volatility is back now. Wall Street looks complacent. And the market is on increasingly shaky ground.

Watch the full 4-minute clip above for more.

McCullough: Investors Living In ‘Land of Complacency’ - the macro show

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.