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Here’s something worth pondering.

What if market conditions are actually worse than we’re expecting? In other words, what if we’re not bearish enough on the U.S. stock market?

In the brief clip above, Hedgeye CEO Keith McCullough addresses these concerns after being asked about possibly missing a bullish upside.

“I think the biggest call I could make today is that I’m personally not bearish enough,” McCullough explains.

“Do you understand credit stopped trading in December the last time profits just slowed, never mind go to negative? Do you understand how negative this could get, and how short-term people are? This could be epic…and it looks like we don’t have anybody that’s as concerned as I am.”

Watch the full clip above for more.

McCullough: What If We're Not Bearish Enough? - the macro show