While many “Macro Tourists” may still be waiting for a story like a trade war resolution to turn the market around, the cold hard data continues to show that the U.S. economy – and others globally, like China and Europe – are slowing.
Hedgeye CEO Keith McCullough explains in the video below that while this market is a lot harder to make money in, investors with a data-driven process will outscore the tourists every time.
If the market is suddenly going to go into the next globally synchronized recovery, the data certainly doesn’t know about that,” McCullough explains.
This is where the real men and women get paid. This is where you really figure out who the pros are."
Watch the full video above 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.