The Macro Show 'Week In Review' | Global #Quad2, The Sierpinski Triangle & The Signal On Housing

04/09/21 03:32PM EDT

In 2014, we were sick and tired of hearing narrative after narrative on "Old Wall" TV. We created The Macro Show for everyday investors looking for a better way to access real-time investable market analysis.

Track trends in stocks, commodities, currencies, and interest rates across the globe every morning before the market opens with former hedge fund veterans, Hedgeye CEO Keith McCullough and Director of Research Daryl Jones.

To help keep you Macro Aware, we've included video highlights from this week's key themes from The Macro Show. We’ve also transcribed brief excerpts to speed up your idea generation process.

Enjoy and have a great weekend.

https://cdn.jwplayer.com/players/dMtqoODK-x1Hp06Vr.js?sig=18a9f15fc91ca45e103fcfa7f2843345&exp=1617996171


Global #Quad2

"First on Asia, just a good session. It's interesting and illustrative at the same time to see the Nikkei push higher, you see Singapore higher. Singapore was a stealth signals within the signal. Again, if you don't look at markets fractally, well now you will. We look at everything all at the same time."

*  *  *  *

The SIERPINSKI triangle 

"We're using three big fulcrum points of the triangle:

  1. Math
  2. Behavioral
  3. History

When we look at the Price, Volume, and Volatility (well there's another triangle) it's all one. You don't take a part of the triangle and say it's just that. It's how they interact with each other."

*  *  *  *

The signal on housing

"You can get a high school math student to back-test your model, it doesn't take much talent. In #Quad2 you should be shorting Housing based on the back-test. But the signal says no... this is when the cyclical is overrun by the secular. The secular is long-term. Demography is the number one thing that is 100% accurate today, and will be tomorrow, and the day after that." 

© 2021 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.