Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more about the Early Look.
Back to the #StrongDollar thing post PE Powell being Not Dovish Enough:
And… drumroll… the 2 Federal Reserve Committee Voters who voted AGAINST 1 rate cut are going to be voting for multiple 50 basis point cuts if A) our Quad 4 nowcast (which is set to hit, right on the screws, between now and OCT) proves to be accurate and/or B) SPY drops 10%. |