Earlier this week, Hedgeye Risk Management made a bold call: SELL ALL U.S. STOCKS NOW.
This was a short-term call, which the firm plans to revisit if/when the S&P 500 hits 1,070. But Hedgeye CEO Keith McCullough is plenty bearish over the long-term, too, and expects a U.S. implosion similar to Europe’s when the country’s debt-maturity calendar goes into overdrive in 2011-2012.
Produced By: Kamelia Angelova & William Wei
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