Our Macro research team has been warning about #ChinaSlowing since late 2017. 

Even with today's 2.5% bounce, the Shanghai Composite is down -22% from its January highs. This epic crash has very little to do with President Trump's tariff talk. 

“It has to do with them having to compare against the most epic stimulus in the history of China,” says Hedgeye “Risk-Manager-In-Chief” Keith McCullough in the video above from a recent edition of The Macro Show.

“This has nothing to do with Donald Trump. The real reason why we made this call on China was a cyclical call.”

Watch the clip above for more.

Stop Talking About Trump's Trade Wars. Here's Why China Is Slowing - hedgeye pro