THE OUTLOOK
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About Hedgeye Risk Management
Founded in 2008 by former hedge fund manager Keith McCullough, Hedgeye is an independent investment research and online financial media company, focused exclusively on generating and delivering superior investment ideas. Our analyst team combines quantitative, bottom-up. and macro analysis with an emphasis on timing.
The Hedgeye team features some of the most highly-regarded research analysts on Wall Street, covering over 20 sectors and all global economies. Our institutional clients manager over $10 trillion in assets. We're the only research firm that's called every crash since 2008.
A 3-Part On-Demand Webcast Series Hosted by Our Founder & CEO Keith McCullough
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Get the asset allocations best-suited to take advantage of these key trends:
✓ The global Quad 4 recession extending through the first half of 2023
✓ The calculus behind peak inflation, how the Fed will handle it, and how that impacts investors
✓ The U.S. earnings recession resulting from the "Mother of All Bubbles" popping
Since we kicked off 2022, investors (who 'just kept buying') have been eviscerated. Here's a snapshot of markets this year:
- The S&P 500 has fallen over -18%
- Russell 2000 was walloped -20%
- The NASDAQ has been crushed over -28%
- Bitcoin got eviscerated to nearly -50%
It's the worst start of the year for markets in decades; nearly $8,000,000,000,000 of the S&P 500's market cap has been wiped out. EIGHT. TRILLION.
Hedgeye CEO Keith McCullough began signaling #Quad4 (i.e. a bear market crash caused by decelerating inflation and economic growth) back in September of 2021. Our Macro team has made critical pivots along the way, helping investors capitalize on many opportunities.
Watch the six minute video below to see just how we did it.
"The Russell 2000 in short order will be down -20% or more from its cycle peak. I think the NASDAQ's going to crash too, it won't take long."
-Hedgeye CEO Keith McCullough on the January 27, 2022 edition of The Macro Show.
At the heart of Hedgeye's mission is to bring best in-class, institutional investment research to all investors... and COACHING investors on how to view markets like (and oftentimes, better than) the pros.
In the clip below from The Macro Show, Hedgeye CEO Keith McCullough described how hedge fund leverage and exposures were influencing the #Quad4 market dynamics.
How did we position subscribers?
Here's a quick rundown of our ETF signals per our ETF Pro product since January (not to mention the daily calls and risk management coaching from our Risk-Manager-in-Chief):
January 3, 2022: We went long the U.S. Dollar (UUP) and Gold (GLD). This year, the Dollar is up over 7%, and Gold has stayed steady up +3.7%.
February 1, 2022: We shorted Tech (XLK), Consumer Discretionary (XLY), and Retail (XRT)... down -18%, -23%, and -24%, respectively.
February 28, 2022: We prepared subscribers for a key #Quad4 tenet: the breakdown of credit. Hedgeye shorted High Yield (HYG) and Junk (JNK)... down -9.6% and -10% since, respectively.
March 21, 2022: We shorted the NASDAQ (QQQ) and the Russell 2000 (IWM). QQQ is down -17% and IWM is down -13%, since.
Here at Hedgeye, we’re not about WORDS—we are about RETURNS.
If you’re looking for a better way to protect your hard-earned capital (and make money shorting asset classes that will sustain further losses), we can help you.
Simply click below and then enter your email to unlock free access to The Outlook—our 3-part webcast series covering the 3 Macro trends that will drive portfolio returns in the months ahead. CEO Keith McCullough breaks down the data behind each trend as well as the asset allocation strategies best-suited to take advantage of the market setup.
Investors who listened to Hedgeye avoided major portfolio drawdowns in 2022. Our proven market timing process is designed to front run Wall Street consensus.
© 2022 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.
3 MACRO TRENDS THAT WILL DRIVE PORTFOLIO RETURNS IN THE MONTHS AHEAD