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
Mar 13, 2021 • 47min
RenMac Legends: A Conversation With Tom Gallagher
Tom Gallagher was a Washington Policy Legend on Wall Street for decades. We first crossed paths at Lehman Brothers in the late 1990s and then I had the good fortune of working with Tom at ISI and at the Scowcroft Group over the last 15-years. He’s officially retired, but ever the student of policy and politics, he’s as sharp as ever and his perspective and insight were always something I appreciated, and today was no exception…….here’s our conversation:
Mar 12, 2021 • 15min
RenMac Off-Script: Springing Ahead One Hour and Then Some
RenMac looks at the latest inflation data and market implications, the wish lists in the stimulus bill, importance of 52-week highs in equities and James Carville’s accurate assessment of lockdowns.
Mar 5, 2021 • 14min
RenMac Off-Script: Payrolls Take the Reopening Lead
RenMac discusses the strong jobs data, stimulus flirting with the upper end of the range, rates and the duration trade, where we are in the economic cycle and the need for thoughtful and credible messaging as we reopen.
Feb 27, 2021 • 53min
RenMac Legends: Anatomy of the South Sea Bubble with Prof. Odlyzko
300 years ago in London, the South Sea Bubble was deflating. It created vast fortunes for a few like Thomas Guy who used it to establish the eponymous Hospital in London, and financial disaster for other like Sir Isaac Newton who was lured back into the waters only to lose a fortune for himself and others. Professor Andrew Odlyzko from the University of Minnesota has studied the South Sea Bubble, what was happening, its characteristics and what we can learn from it, here's our conversation.....
Feb 26, 2021 • 17min
RenMac Off-Script: Treasury Curve’s Bellyache
RenMac discusses the move in the Treasury markets, the quiescent response in Corporate credits, who is Elizabeth MacDonough and how might she be assisting Schumer, a memo from Arthur Burns to Jimmy Carter, and the data packed week ahead.
Feb 19, 2021 • 15min
RenMac Off-Script: Will Data Dog Democrats?
RenMac debates the overwhelmingly strong economic data, the vaccination of the most vulnerable, how it impacts the COVID relief, how and where yields start to negatively impact equities, the future of the Republican Party, and California’s “unique” prioritization of front-line workers
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.
