VIDEO: Macro Minute: Ex-Energy, 3Q23 EPS set to grow >10% YoY. Art Cashin famously said "never short a dull market" yet CBOE equity put-call surged on Wed to 1.32

We discuss: how 3Q23 EPS is on track to grow >10% YoY ex-Energy. We have said stocks should levitate in the absence of macro this week due to light positioning. And yet, the equity-put call surged to 1.32, the highest in more than a month. Even worse than during the sell-off into 10/27.

Please click below to watch our Macro Minute (Duration: 4:48).

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