• HEDGEYE’S MARKET BRIEF
    Our FREE Investing Newsletter
    Get Exclusive Summer Sale Discounts

    By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. All Hedgeye products and services are subject to Hedgeye’s Terms of Service available at www.hedgeye.com/terms_of_service

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

So, since the Fed’s forecasts are based on a lag to lagging economic data that they didn’t predict would #accelerate to the peak-cycle levels we’ll see come July and August, the fundamental analyst is probably right in predicting a hawkish Fed. 

But what about the Portfolio Manager and/or Chief Risk Manager of market expectations? 

As you can see in today’s Chart of the Day, our proprietary predictive tracking algo is now-casting at least a -100 basis point drop from peak-cycle headline inflation to where the market will be reacting to incoming data within 6-9 months. 

CHART OF THE DAY: Our Inflation Forecast - 06.13.18 EL Chart

CHART OF THE DAY: Our Inflation Forecast - market brief