Weekly Notebook Review | Growth↘️, Inflation↗️…stick with the Signal! | September 27, 2023

Visit Hedgeye.com for more great investing content.

Introduction:Welcome back, savvy investors! In today's video, we'll dive into an exclusive notebook review of the third quarter of 2023 and year-to-date performance in the financial investment management space.Stay tuned as we discuss market trends, signals, positions, and outlook to help you make informed investment decisions.1. Hedgeye's Philanthropic Success:We kick off with Hedgeye's successful charity event, Hedgeye Cares, held recently, showcasing their commitment to making a positive impact.Mark your calendars for their upcoming regional event in Chicago on November 9th, where you can network and gain valuable insights.2. Precious Metals Woes:Gold's performance has been lackluster, showing lower lows and lower highs. Hedgeye maintains a small long position but may consider reducing or exiting due to poor performance and increased volatility.Other metals, including copper and silver, are also experiencing weakness.To balance this, Hedgeye has opted for long energy positions while shorting metals/agriculture.3. Oil & Natural Gas Rally:Oil continues to strengthen with higher lows and higher highs for several weeks. The risk range for oil is moving higher, indicating a positive trend.Natural gas is also rallying, witnessing a remarkable surge of over 9.5% in a single day.Potential to add natural gas for increased energy exposure, a move worth considering for your investment portfolio.4. Economic Outlook & Equities:The Nowcast model predicts three quarters of slowing growth, elevated inflation, and the Federal Reserve maintaining higher interest rates for an extended period.The momentum in U.S. and European equities is deteriorating, and earnings season will provide valuable insights into the economic landscape.5. Signals & Trends:The red-eye/green-eye signal turned to "sell" mid-morning based on Keith's analysis.Multiple sectors, such as real estate, gold miners, consumer staples, industrials, financials, and healthcare, are currently experiencing a bearish trend.Volatility (VIX) and the U.S. dollar are displaying significant strength, indicating potential shifts in the market.Despite the Federal Reserve pausing rate hikes, interest rates are rising, with the 10-year Treasury yield hitting the top of the risk range. The 2-year yield range is tighter, contributing to a slight steepening of the yield curve.Conclusion:That wraps up our comprehensive notebook review, providing crucial insights into market trends, signals, positions, and the overall outlook.Stay tuned for more investment management content on this channel and make sure to hit that subscribe button to never miss an update.Remember, informed decisions are the key to success in the financial investment management space. Happy investing, and I'll see you in the next video![Disclaimer: This video is for informational purposes only. Please consult with a financial advisor before making any investment decisions.]

Get an investing edge on the enormous amount of money flowing into options every day, what they’re signaling, and the structural and behavioral trends driving markets higher or lower. The Market Situation Report™ includes access to a daily newsletter and weekly webcast featuring analysis of the Tier 1 Alpha team's proprietary models. CLICK HERE to check out our product page.