Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
What most Macro Tourists do is get sucked into most headfakes (i.e. TRADEs that don’t change TRENDs).
Whereas Full Cycle Investors are ready for that (because they sell-SOME at the top-end of Risk Ranges)… so that they are proactively prepared to buy-MORE during Consolidation Signals like we saw in Commodities in March:
Yeah dude, there’s “no inflation” … unless you have it in your Full Investing Cycle accounts!