Stansberry Research Apr 7, 2023 “Regional bank stocks are breaking down to new cycle lows,” asserts Keith McCullough, founder and CEO of Hedgeye Risk Management. “This started with a liquidity crisis at the banks and it’s going to end with a lack of liquidity,” he tells Daniela Cambone. “The market cycle and economic cycle peaked back in 2021, and from that point on it’s been a market crash and a bear market, which we are in phase 3 of,” McCullough argues. “[Hedgeye] shorted gold throughout 2021, and then went full-blown gold bull in November of last year… I’m in no…
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