RenMac
RenMac Off-Script: RenMac’s Breadth Problem
40:35
RenMac breaks down a powerful market rally masking weak breadth and narrow leadership concentrated in AI, semis, and energy. The team explores a soft underlying growth backdrop, slowing wage gains alongside rising prices, and why the Fed remains on hold despite mounting tension within the committee. They also discuss higher oil expectations, pressure on consumers, risks from concentrated…