• Our Favorite ETF Ideas: Get 30-Days Free

    Get 1-month of completely free access to “ETF Pro Plus” – our Macro team’s monthly strategy note distilling our macro investment research down to our favorite ETF exposures.

In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough breaks down Bill Hwang’s family office getting blown out of the water, what that means for Financials stocks, and why he still likes $GS.

“I like Goldman because I like the Financials, and I don’t think I am going to  sit there and trade it like ‘Johnny Macro Tourist’ who is reading things saying this is bad for Goldman Sachs,” details McCullough, as he explains how Goldman is the way to play the long side.

“Obviously as soon as this is cleaned up, the market is going to go up. That’s the thing when someone gets a margin call. Once the block is clear then, then the bottom is in. That’s partly why the S&P ripped into the close on Friday.”

Keith McCullough’s Take On Archegos Capital (And What It Means For Financials Stocks) - market brief