• 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.

 Editor's Note: Below is a chart (and excerpt) from today's Early Look written by CEO Keith McCullough.

Looking at the Sector and Factor Exposures within the US Equity market, the biggest losers of the past few months had the biggest bounces: 

  1. Basic Materials (XLB) bounced +6.1% last week to -10.9% YTD and remain Bearish @Hedgeye TREND
  2. Financials (XLF) bounced +4.4% last week to -4.7% YTD and remain Bearish @Hedgeye TREND
  3. HIGH BETA (as a factor exposure) bounced +7.1% last week to -5.9% YTD and remains Bearish @Hedgeye TREND

CHART OF THE DAY: Mr. Market's Biggest Losers - 11.05.18 EL Chart

CHART OF THE DAY: Mr. Market's Biggest Losers - early look