Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
Obviously anyone who didn’t think #InflationAccelerating was going to be one of the major Macro market themes in the 1st half of 2021 was A) not positioned for it and/or B) delusional.
Since we went long of Inflation back in June of 2020, we have no apologies to make this morning.
Instead, we’ll issue yet another Buy Signal in most things we’ve already owned for the Full Investing Cycle, including Commodities (i.e. that are inflating) and US Equity Sector Styles that are linked to #InflationAccelerating: