Cartoon of the Day: Bulking Up
08/06/18 04:03PM EDT
As Hedgeye CEO Keith McCullough wrote in today's Early Look:
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As a matter of #process, Mondays are the days we contextualize the prior week’s macro moves within our multi-duration and multi-factor framework.
Let’s start with FX and our #StrongDollar call:
- US Dollar Index was up another +0.5% last week to +3.3% YTD and remains Bullish TREND @Hedgeye
- Euro (vs. USD) was down another -0.8% last week to -3.6% YTD and remains Bearish TREND @Hedgeye
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