CHART OF THE DAY: Numbers --> Narratives

01/07/21 07:57AM EST

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

While I’m an Irish-Canadian-Catholic (please don’t cancel) and I pray 2x/day (I have 4 kids, you would too), my religious belief-system has 0% to do with my Full Cycle Investing decisions.

What I believe is based on back-tested economic and market history. 

Put simply, The ROC (rate of change) NUMBERS front-run the future NARRATIVES of Ye Olde Wall and its conflict of interest and fire-engine chasing media (no offense to firefighters – my Dad was one for 38 years, so my belief-system says they are cool). 

CHART OF THE DAY: Numbers --> Narratives - 19

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.