From Hedgeye CEO Keith McCullough's "Top-3 Things" earlier this morning:
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SPAIN – Doesn’t like the up EUR/USD move this am with Spain’s stock market down another -0.7% - don’t forget that Spain’s stock market stopped going up in May of 2017! “BUY EUROPE” was on the cover of Barron’s last summer and Spain’s IBEX is now down -17% from that important economic cycle peak - #EuropeSlowing reiterated. |
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