CHART OF THE DAY: Global #Quad2 Reiterated
Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
- #Quad2 has been great for the cyclical (and “value”) US Equity Sector Styles we added to the long side like Energy Stocks and Financials
- How about Gold? Shouldn’t it “go up” when the US Dollar is being devalued and political anarchy finds its way to both the Capitol building and CNN? Nope, not with Rates Ripping like they just did in #Quad2