Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
But what’s today? Is it another #Quad4 day? Nope, not yet. For those of you who are new to my risk management process, #Quad4, economically, is when both GROWTH and INFLATION are SLOWING at the same time. It’s also when:
A) The US Dollar is going up
Oh, yeah. We’ll eventually get there, Big Fella. But, in the meantime, Chewie, we still have to deal with today. So keep your portfolio at a distance from The Return of #Quad4 because:
A) I shorted the US Dollar yesterday