• 48 Hour ... 48% Off Hedgeye Gear Sale!

    That’s right. Get anything you want in our online store for 48% off. Offer lasts 48 hours. 100% of profits go to Hedgeye Cares - our employee driven charity.

Editor's Note: Below are a couple charts and brief excerpt from today's Early Look written by Hedgeye Macro Analyst Christian Drake. Click here to learn more.

CHART OF THE DAY: Profit Cycle --> Emergent Risk - z 2 13 2019 9 17 18 AM

As it relates to the profit cycle, the two charts below offer a good juxtaposition of underlying developments while visually emergent risk.  

Specifically,  a late-cycle acceleration in wages alongside a progressive slowing in (global and local) growth and a fading fiscal impulse into peak earnings cycle comps, higher interest rates and residual strong dollar translation effects is not margin and profitability positive. 

CHART OF THE DAY: Profit Cycle --> Emergent Risk - CoD2 NFIB Outlook

CHART OF THE DAY: Profit Cycle --> Emergent Risk - CoD3 NFIB Compensation