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As Hedgeye CEO Keith McCullough explains in the clip above, if you have the correct asset allocation in your portfolio, it doesn’t matter if the economy goes into a recession or not.

“I don’t need a recession to get paid. I just did,” McCullough explains.

“When you know it’s a specific recession, it’s like a year after the fact. So get that out of your head. That’s an Old Wall, lazy thing to think about. I know it’s scary. But what’s scarier is not being prepared for Quad 4.”

Watch the full clip above for more.

McCullough: How To Think About Recession and #Quad4 - early look