RenMac provides clients with data driven insight matched with decades of experience in triangulating the macro-pillars of money management: economic, policy, and strategy.
Understanding where we are in the market cycle, what history tells us about the future, and unique issues of today stretch beyond the quarterly print or year-end S&P targets.
We have invested heavily building our data base and hiring programmers over analysts. This allows us to absorb more data and look for inconsistencies or signs of stress than starting with the fundamentals. We use charts as the starting point and then look at fundamental causes once these opportunities are identified for new and existing trends within global markets
Respectfully the 2y has been a poor predictor of what the fed will do this cycle. The bond market is pricing in recessionary cuts and yet equities are at ath. Not to mention the fed never starting a rate cut cycle with a 50bp cut. If they cut 50bps you want to be max short.
Would love to see your work based on comment above, our data shows the spread is VERY predictive and statistically significant to forward Fed Funds rate 6m forward. Thanks in advance for sharing. This is the link to our chart: renmac-media.s3.amazonaws.com/Chart+from+JSD-08202024.png
I find your macro and mkt commentary second to none. I very much enjoy listening every week. On the political front, not so much. While I have been mostly apolitical most of my life and probably a centrist if asked, I find your commentary unbalanced as it sees only flaws in the Democrats while ignoring the same in the Republicans. Ignoring DJT is a liar, a cheater, corrupt and a felon undermines for me your credibility on political matters and my confidence in you being able to objectively discuss the race.
My new fav channel along with riskreversal. Love the updates with neil and the other nice guy. Everyone here is a must follow if you make atleast 10k a week. 😅
Used car prices will go up into tax season...ppl get tax money and spend it on used cars. dealers raise prices knowing this. Prices will fall again by Memorial Day tho
I was sitting in county jail just arrested on charges of running an alleged Ponzi scheme, listening to my favorite financial pod, RenMac Off-Script, wondering how I'm going to get out of this predicament, when as though out of nowhere I heard a gruff voice say to me, "If you're in a pinch, call Chico's Bail Bonds and let freedom ring!" Madoff move over, the scheme must go on!
Please do a Venn diagram for us where one circle is "people who listen to obscure financial pods" and the other circle is "people currently incarcerated in need of a bail bond."