McCullough: Asymmetry In Your Portfolio Is Important

by: Hedgeye

Summary

Hedgeye CEO Keith McCullough explains why asymmetry is critical to an investor's portfolio.

We like the U.S. Dollar, Long and Short-Term Treasury bonds.

“Don’t just buy one thing,” McCullough explains. “You should have some asymmetry in your portfolio.

On a recent edition of The Macro Show, a viewer asked Hedgeye CEO Keith McCullough if he likes the U.S. dollar, the long bond or short term notes the best.

Keith responded by saying instead of going all in on one, why not buy a little of all those exposures he currently likes (all of which, by the way, perform better in the current Quad 4 conditions).

“Don’t just buy one thing,” McCullough explains. “You just said three things I really like. And you should have some asymmetry in your portfolio, because some days the dollar is going to go up and some days the opposite is going to happen.”

WATCH THE FULL VIDEO FOR MORE

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.