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Editor's Note: This is a chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more about the Early Look.

It really is no wonder that the Old Wall and its media reaches for short-cuts and simplifications of Global Macro market risk. If you don’t have a measuring and mapping #process that is apolitical and data-driven, what else would you do?

Don’t get mad about it, bros. Keep taking advantage of both the crowd and their episodic periods of complacency.

...While hope is not a risk management #process, the new hope is that… because GROWTH & INFLATION (and PROFITS) are all #slowing at the same time now… The Fed will cut, cut, cut, and save us. 

CHART OF THE DAY: Gravity vs Hope - CoD Gravity vs Hope