Editor's Note: Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.

CHART OF THE DAY: What Does The Data Say? - zaa1

When it comes to making macro market decisions, I don’t do the “feel” thing. When we measure and map the GROWTH, INFLATION, and PROFITS data, I really don’t feel anything at all.

In today’s Chart of The Day (slide 39 in the Q2 Macro Themes deck), I’m showing you what my teammates and I are looking at when we are trying to help you with the most probable Economic Quadrant a country is going to be in.

Looking backwards, what Quad a country was in isn’t a “feel” or opinion thing. It’s an economic fact. 

CHART OF THE DAY: What Does The Data Say? - Chart of the Day