• Global ‘Black Hole’ Risk Rising: A Discussion With Danielle DiMartino Booth

    Former Fed advisor Danielle DiMartino Booth will discuss key economic developments and the outlook for Fed rate cuts with Hedgeye CEO Keith McCullough.

Don’t let your emotions mess with your portfolio.

In this clip from The Macro Show, Hedgeye CEO Keith McCullough reminds investors to:

  • Stay calm
  • Stick with the process
  • Take advantage of buying opportunities

Case in point, we’re bullish on long-term bonds.

Question: When the 10-year Treasury yield hit a 7-year high in early October, did you freak out and sell bonds?

“When the 10-year was at 3.23%, what did a lot of you feel about being long bonds? You didn’t like it, you were coming at me pretty good, and I appreciate that,” McCullough explains to viewers in the clip above.

“But I didn’t capitulate, I didn’t take your feelings and superimpose them onto my model. I just bought bonds and then I sold some at 3.06 on the 10-year.”

“It’s not about feeling. It’s about measuring and mapping where we are.”

Watch the full clip above for more.

McCullough: Keep Emotion Out of Your Portfolio - real time alerts