In the clip above from this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough discusses market “froth” and how to separate narratives from the Macro Quad positioning.
“Once we’re in Quad 2, anything can happen, and clearly is happening,” McCullough reiterates, as he dives into the economic data that can lead to froth, and how to position your portfolio correctly. McCullough explains, “I used to be valuation-oriented because my bosses were… I had to get rid of that.”
