CHART OF THE DAY: Equity Volatility Remains Un-investable

03/30/20 07:43AM EDT

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

With US Equity Vol (VIX) closing the week basically FLAT at 65.54, my risk management #process still calls ALL Equity Sector Styles un-investable. When that changes (like it did in my model in April of 2009), I’ll be the first to let you know.

For now, positive absolute returns of hard earned capital remain in short supply. So A) I’d hold onto those if you have them and B) not get sucked into the latest idea of central-market-planning trumping economic gravity as we go through Phase 2 of The Crash of 2020.

CHART OF THE DAY: Equity Volatility Remains Un-investable  - 94

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