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
58 snips
Feb 13, 2021 • 42min
RenMac Legends: A Conversation with Scott Bessent
Scott Bessent, a prominent American investor and founder of Keysquare Group, shares his fascinating journey from journalism to finance, shaped by mentorship from legends like George Soros. He delves into how strategy board games influenced his investment approach and emphasizes the importance of adaptability in navigating market uncertainties. Bessent also discusses the complexities of economic education and the societal implications of social media, all while balancing a hopeful outlook on progress and creativity.
Feb 12, 2021 • 13min
RenMac Off-Script: Inflation: Perception vs Reality
RenMac discusses the outlook for inflation, the current extreme positioning in the bond market, Biden’s 180 on semiconductors’ strategic importance, handicapping impeachment, and the week ahead
Feb 5, 2021 • 14min
RenMac Off-Script: The Shortening Stimulus Fuse
In 16m, RenMac discusses the trend in gold, how today’s job numbers factor into stimulus negotiations, at what point is inflation not “transitory”, and how we should be thinking about this in regards to the RenMac market cycle clock.
Jan 29, 2021 • 15min
RenMac Off-Script: Reddit Revolt and Strange Bedfellows
In 15m RenMac talks about the benefits of short-sellers in a market, the pitfalls of an SEC overview, Cruz and AOC, latest GDP figures and China’s recent saber rattling over Taiwan.
Jan 25, 2021 • 46min
RenMac Legends: A Conversation with Noah Blackstein
Noah runs over $5B as the growth manager of the Dynamic Funds out of Toronto Canada. He enters his 23rd year at the wheel, and has seen every type of market, and navigated deftly. His process continually places him in the 98th percentile as a growth manager, and while fundamentally biased, he keeps his head on a swivel and one eye on the macro-environment. Here's our conversation.....
Jan 22, 2021 • 17min
RenMac Off-Script: Unity and the Power of Unilateralism
RenMac discusses Biden’s first few days, how China doves mysteriously transitioned into hawks, housing and its importance, setting an artificially low bar and the building bubble in assets
Jan 15, 2021 • 14min
RenMac Off-Script: Expectations Collide with Reality
In 15m RenMac discusses the Biden’s stimulus plan, the expectations of policy and the likelihood of something less, Powell green lights assets inflation, and the importance of contrarian thinking around words and rhetoric versus facts.
Jan 8, 2021 • 16min
RenMac Off-Script: Better Economy But Stimulus Won’t Stop
RenMac sorts through the news of the week. December jobs report was soft but with stronger details. Additional fiscal stimulus is on the way as GA goes blue. This is going to find its way into asset prices.
Dec 18, 2020 • 14min
RenMac Off-Script: Fed Passive Easing, Uncle Sam Active Easing
RenMac handicaps political winners/losers of stimulus, the great inflation debate, deGraaf’s “Perpetuity Effect”, what Fed’s comments mean for asset prices and Neil’s definition of a “Powder Day”.
Dec 11, 2020 • 15min
RenMac Off-Script: Energy Stocks Leading, Inflation Is Not Following
US equities are in an unambiguous uptrend. The energy sector is breaking out after a long funk, but we’re skeptical this means anything for price inflation just yet. Plus the latest on fiscal negotiations in DC: both sides are likely to drop their must haves for a slimmed down relief bill before year end.
