Markets have been whipping around quite a bit in the past week. This tumult prompted one viewer of The Macro Show to ask if we just experienced a Quad 4 head fake – an environment in which growth and inflation both decelerate at the same time.
Watch the humorous response from Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale who channel their inner game show hosts to explain in the clip above that there are several key Quad 4 market signals.
“Where would we be with yields in bearish trend? Quad 4,” McCullough said. “Are Utilities and REITs breaking down? No. Is Energy bullish trend? No. Today is Quad 4.”
Watch the full clip above for more.
