In this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough explains how approaches targeting certain asset allocations to cash, using his past experiences.

“There’s no rule for ‘Wow, the Dollar is signaling a higher low, I should go to 10% cash!’ That would be a convenient way to think, but it wouldn’t be a very bright one,” McCullough notes as he repudiates targeting cash levels.

McCullough: Don’t Target Cash Positions - market brief