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:

Trumpeting tweets about Chinese “deals” didn’t do a damn thing for the data in FEB.

Is that partly why the KOSPI (South Korea’s stock market index) got smoked for a -1.8% loss overnight? Or was that and the Philippines down -2.3%, Indonesia -1.3%, and Singapore -1.2% all about Trump (and not The Cycle) too?

While it’s true that perma bulls and bears eventually die in your inbox. They always come back to life if they stay with a non-data-driven-feel process. Perma Gold Bulls got slaughtered (Quad 2) at this time last year. Now they’re relevant again.

CHART OF THE DAY: The Weight of Economic Gravity - Chart of the Day

CHART OF THE DAY: The Weight of Economic Gravity - early look