Today, while celebrating the Labor Day holiday, we have become bearish on economic growth in the US for the first time this year. Our leading indicator for...

Daniel Weston

Aimed Capital

Today, while celebrating the Labor Day holiday, we have become bearish on economic growth in the US for the first time this year. Our leading indicator for growth we generate which looks at economic data points in real time has continued to weaken in recent weeks. As you can see in the chart below it has just crossed below our longer term growth indicator. The crossing of these two data points now signal our negative stance on US growth and has triggered us to short the S&P 500 (which above 2000 is around all time highs). (VIEW LINK)


Daniel Weston
Daniel Weston
Chief Investment Officer
Aimed Capital

Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer. www.aimedcapital.com

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