Editor's Note: Below is a chart and excerpt from today's Early Look written by Senior Macro analyst Darius Dale. Click here to learn more about the Early Look.

In short, investors should ignore these developing #Quad4 signals at their own risk. I’m no Canuck, but I believe the old hockey adage reads: “Skate to where the football is thrown, not where you’d like it to be.” There are hardly, if ever, any “perfect passes” in Macro Risk Management.

CHART OF THE DAY: Ignore #Quad4 At Your Own Peril - Chart of the Day 5 24 19

CHART OF THE DAY: Ignore #Quad4 At Your Own Peril - early look