CHART OF THE DAY: Italy --> Knocking On QE's Door

08/29/18 07:43AM EDT

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

ITALY – the government is allegedly reaching out to the ECB for a new round of QE!

Fair e nuff. The alleged Italian “news” may or may not be fake. A simple truth we can tell you about Italy is that her economy is #slowing on a trending basis from its 2017 cycle peak. Italian stocks are down -6.5% in the last month too. 

CHART OF THE DAY: Italy --> Knocking On QE's Door - 08.29.18 EL Chart

CHART OF THE DAY: Italy --> Knocking On QE's Door - early look

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