Editor's Note: Below is a brief excerpt and chart from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look.
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My competition doesn’t like me. If they did, Hedgeye wouldn’t be successful. Winning the backslapping contest is for people who don’t have a process as their backbone. I love competing with them. After 2 full days of meetings in New York City, one thing is crystal clear – Wall Street is reluctantly long all sorts of international equity, credit, and currency exposure and looking for reasons why it’s not all acting like alpha should. A surprisingly large consensus was not setup for this sustained breakout in the US Dollar. This FX and EM move in particular is currently causing some major problems in parts of the hedge fund community. |
