Oil gains and bond declines indicate Quad3, Keith McCullough notes

Oil gains and bond declines indicate Quad3, Keith McCullough notes
Oil up as bonds fall signals Quad3

Keith McCullough, founder and CEO at Hedgeye Risk Management, describes a Quad3 market scenario where oil prices are moving higher while bond prices decline.

McCullough humorously suggests that, without his Fractal Signaling Process, he would consider faith-based investing strategies over relying on traditional Wall Street firms to manage retirement portfolios.

McCullough previously described financial engineering as a major scam and said CNBC had played a key role in enabling it, according to a past statement. He also reported keeping his DRAM position at the minimum size and did not increase exposure in earlier market conditions, as noted in a separate update. His recent comments add to his pattern of skepticism toward mainstream financial practices.

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