RenMac
Jeff deGraaf, Neil Dutta, & Stephen Pavlick
Stock market commentary from Wall St thought leaders in strategy, economics, technical analysis and policy. Disclaimer ..........This Podcast Audio Show has been prepared by Renaissance Macro Research, LLC (“RenMac”), an affiliate of Renaissance Macro Securities, LLC.This Podcast Audio Show is for distribution only as may be permitted by law. It is published solely for information purposes; it is not an advertisement nor is it a solicitation or an offer to buy or sell any financial instruments or to participate in any particular trading strategy. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained in this document. The information is not intended to be a complete statement or summary of the markets, economy or other developments referred to in the Podcast Audio Show. Any opinions expressed in this Podcast Audio Show may change without notice. Any statements contained in this Podcast Audio Show attributed to a third party represent RenMac's interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party.Nothing in this Podcast Audio Show constitutes a representation that any investment strategy or recommendation is suitable or appropriate to an investor’s individual circumstances or otherwise constitutes a personal recommendation. Investments involve risks, and investors should exercise prudence and their own judgment in making their investment decisions. The value of any investment may decline due to factors affecting the securities markets generally or particular industries. Past performance is not indicative of future results. Neither RenMac nor any of its directors, employees or agents accepts any liability for any loss (including investment loss) or damage arising out of the use of all or any of the information.Any information stated in this Podcast Audio Show is for information purposes only and does not represent valuations for individual securities or other financial instruments. Different assumptions by RenMac or any other source may yield substantially different results. The analysis contained in this document is based on numerous assumptions and are not all inclusive. Copyright © Renaissance Macro Research, LLC. 2019. All rights reserved. All material presented in this Podcast Audio Show, unless specifically indicated otherwise, is under copyright to Renaissance Macro Research, LLC. None of the material, nor its content, nor any copy of it, may be altered in any way, or transmitted to or distributed to any other party, without the prior express written permission of Renaissance Marco Research, LLC.
Episodes
Mentioned books
Jul 2, 2021 • 15min
RenMac Off-Script: How Long is Fed’s Fuse
RenMac discusses the distinction between data and rhetoric, the red-hot ISM data, the implications from the yield curve, timing and internal politics on infrastructure and what it means for taxes going forward.
Jun 26, 2021 • 46min
RenMac Legends: A Conversation with Dr. Arthur Laffer
In the National Museum of American History in Washington D.C. rests the Laffer Curve or, more precisely, the napkin upon which Dr. Arthur Laffer drew his theory on taxation and government revenue for Dick Cheney and Donald Rumsfeld. He has been instrumental in shaping economic policy for a half-century, and has attracted the predictable detractors in the process. His pragmatism, good-humor and firm grasp of incentives, and their role in public policy and governance, is insightful, refreshing, and transcends political ideology. We discuss his career, theories, and outlook in this first of our 2-part conversation.
Jun 18, 2021 • 16min
RenMac Off-Script: Did the Fed Blink
Renmac looks at the Feds statement this week, its impact on markets, the message from yields, seasonal influences on equities, and the latest out of Washington.
Jun 11, 2021 • 16min
RenMac Off-Script: Inflation and China fears
The RenMac team discusses the latest inflation report, the impact of a decline in the 10-year Treasury, and U.S. efforts to counter China.
Jun 5, 2021 • 59min
RenMac Legends: A Conversation with Stan Weinstein
Stan Weinstein was the editor and author of "The Professional Tape Reader", and the 1988 book "Secrets for Profiting in Bull and Bear Markets", where he describes his 4-stage approach to security analysis. Stan has been actively engaged in the markets since the early 1960 and has been credited with some of the most important calls over the last 50-years, due in no small part to his rigorous process and stage analysis.
Jun 4, 2021 • 14min
RenMac Off-Script: Payrolls Carbon Copy
RenMac sifts thru the payroll data, the improvement in REITs, increased pressure on China, the primary duty of elected officials and next week’s inflation numbers.
May 28, 2021 • 15min
RenMac Off-Script: Inflation Doesn’t Budge Bonds
Steve, Neil and Jeff discuss the passing of the infrastructure deadline, the trend of inflation, Biden’s $6T budget proposal, the breakout in industrial transportation names, the mix between goods and services, next week’s jobs number and the improvement in gold.
May 21, 2021 • 15min
RenMac Off-Script: Thinking About Thinking About Rates
RenMac discusses the regulatory environment around crypto, the temporal difference between Fed minutes and data, the yield curve and the breakout in gold.
May 14, 2021 • 16min
RenMac Off-Script: The Great Unmasking
Renmac talks about the latest inflation data, the timing of the CDC’s decision, the oversold condition in technology, lending standards and the marginal borrower, and the psychological importance of normalcy.
May 7, 2021 • 14min
RenMac Off-Script: Shock and Awe-ful
RenMac discusses the disappointing jobs number, the “disincentive to work” theory, the implications of FBs ongoing ban on Trump, the continued strength seen in sectors that are historically mid-cycle, Yellen’s comments on rates and the future of policy post today’s jobs number.
