CHART OF THE DAY: Synchronized Global Recovery? #Over

06/19/18 08:24AM EDT

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

As you can see in today’s Chart of The Day (slide 68 in the Hedgeye Macro Themes deck), the #1 reason why the US Dollar has been breaking out to Bullish @Hedgeye TREND for the last 2 months, is that China, Europe, and most of EM (Emerging Markets) have moved into Quads 3 and 4. 

For those of you who are new to dispassionate and data-driven rate of change #process: 

  1. Quad 1 and Quad 2 is when GROWTH (as a major factor exposure) is #accelerating
  2. Quad 3 and Quad 4 is when GROWTH is #decelerating 

CHART OF THE DAY: Synchronized Global Recovery? #Over - 06.19.18 EL Chart

CHART OF THE DAY: Synchronized Global Recovery? #Over - early look

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