Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.

CHART OF THE DAY: US and Chinese Economies Will Be In #Quad4 in Q2 of 2020 - 11.19.2018 Quad 4 cartoon  1

If the Dollar isn’t going down:

A) Commodities aren’t going back up like they did in December
B) Our 6-month #InflationAccelerating call is over
C) Long-term Bond Yields are going down, faster
D) The Yield Curve is going to re-invert
E) Repo market US Dollar shortages will continue
F) China’s leverage & liquidity problem (in USD denominated debt) continues

And… to summarize what could be G through Z… both the US and Chinese economies will be in #Quad4 in Q2 of 2020.

CHART OF THE DAY: US and Chinese Economies Will Be In #Quad4 in Q2 of 2020 - Chart of the Day