Hedgeye CEO Keith McCullough and Technology analyst Ami Joseph joined forces on The Macro Show this morning to discuss the growing risks associated with the tech sector as the U.S. enters Quad 4 (growth and inflation slowing).
It’s an important investing pivot with respect to other environments where tech is an explicit long.
“In Quad 4, you short tech,” McCullough explains in the clip above.
Joseph also gave one of his favorite examples of technology shorts in Quad 4.
“Semiconductors are going to get hosed and Microchip (MCHP) is right in the eye of that storm,” Joseph explains.
Watch the clip above for more.