Editor's Note: Below is a brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look.
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On that equity market crash update, it’s nasty Quad 4 out there this morning with the Chinese stock market dropping another -3.7% overnight the Hang Seng down -1.4%, taking their respective crashes to -23.7% and -21.0% since JAN. This comes on the heels of not only US Growth and High Beta Factor Exposures getting smoked last week (Russell 2000 down -3.8%), but Emerging Market and European Equity exposures remaining Bearish @Hedgeye TRENDs |
