RENMAC: “The risk is here.”
August 14, 2025 at 2:13 PM
RENMAC: “The risk is here.”
RENMAC: “.. the labor market sucks.”
March 6, 2026 at 1:41 PM
RENMAC: “.. the labor market sucks.”
“It’s not sunny in Philadelphia.” 😞
- RenMac
- RenMac
October 21, 2025 at 12:36 PM
“It’s not sunny in Philadelphia.” 😞
- RenMac
- RenMac
RENMAC: “.. 56% see direction of economy as getting worse, the highest since November 2023.”
October 20, 2025 at 10:21 AM
RENMAC: “.. 56% see direction of economy as getting worse, the highest since November 2023.”
RENMAC: “.. Oil prices coming off the boil has not kept two year yields from continuing to press to fresh highs.”
September 25, 2026 at 5:48 PM
RENMAC: “.. Oil prices coming off the boil has not kept two year yields from continuing to press to fresh highs.”
A consumer who’s afraid to quit their job is an important ‘tell’.
(via RenMac) 🇺🇸
(via RenMac) 🇺🇸
June 6, 2025 at 1:22 PM
A consumer who’s afraid to quit their job is an important ‘tell’.
(via RenMac) 🇺🇸
(via RenMac) 🇺🇸
RENMAC: A low unemployment rate is overstating labor market health. 👀
May 7, 2025 at 7:28 PM
RENMAC: A low unemployment rate is overstating labor market health. 👀
RENMAC: “.. Lower rates have not done much to lift demand.”
October 8, 2025 at 11:25 AM
RENMAC: “.. Lower rates have not done much to lift demand.”
RENMAC: “.. Oil prices coming off the boil has not kept two year yields from continuing to press to fresh highs.”
September 23, 2026 at 12:12 PM
RENMAC: “.. Oil prices coming off the boil has not kept two year yields from continuing to press to fresh highs.”
RenMac, on that 11-1 vote.
March 18, 2026 at 6:56 PM
RenMac, on that 11-1 vote.
(via RenMac)
September 9, 2025 at 10:59 AM
(via RenMac)
When stocks at all-time highs aren’t enough. 😞
(via RenMac)
(via RenMac)
September 12, 2025 at 2:32 PM
When stocks at all-time highs aren’t enough. 😞
(via RenMac)
(via RenMac)
Conference Board labor differential (in red) tends to lead unemployment rate higher (in grey).
No bueno. 😔
(via RenMac)
No bueno. 😔
(via RenMac)
January 27, 2026 at 5:33 PM
Conference Board labor differential (in red) tends to lead unemployment rate higher (in grey).
No bueno. 😔
(via RenMac)
No bueno. 😔
(via RenMac)
RENMAC: “.. Private research & development spending has been declining for four out of the last five quarters. Not great.”
@renmacllc.bsky.social
@renmacllc.bsky.social
August 1, 2025 at 7:29 PM
RENMAC: “.. Private research & development spending has been declining for four out of the last five quarters. Not great.”
@renmacllc.bsky.social
@renmacllc.bsky.social
RENMAC: “.. 56% see direction of economy as getting worse, the highest since November 2023. Percent seeing economy getting better is the lowest since April.”
October 24, 2025 at 7:06 PM
RENMAC: “.. 56% see direction of economy as getting worse, the highest since November 2023. Percent seeing economy getting better is the lowest since April.”
RENMAC: “.. Consumer sentiment is imploding. Importantly, consumers see a negative supply shock. Inflation expectations have jumped while employment expectations have plunged. Not great, Bob!”
April 12, 2025 at 12:59 PM
RENMAC: “.. Consumer sentiment is imploding. Importantly, consumers see a negative supply shock. Inflation expectations have jumped while employment expectations have plunged. Not great, Bob!”
RENMAC:
“.. Not chopping any wood. Logging and wood products manufacturing employment is contracting sharply. This is not a good sign for construction activity.”
“.. Not chopping any wood. Logging and wood products manufacturing employment is contracting sharply. This is not a good sign for construction activity.”
March 6, 2026 at 9:08 PM
RENMAC:
“.. Not chopping any wood. Logging and wood products manufacturing employment is contracting sharply. This is not a good sign for construction activity.”
“.. Not chopping any wood. Logging and wood products manufacturing employment is contracting sharply. This is not a good sign for construction activity.”
RENMAC: “.. American consumer borrowed $18.1 billion in July. The Street's high estimate was $16 billion. The tape spent Tuesday on oil and ignored it, we don't and it shouldn't.”
September 9, 2026 at 11:36 AM
RENMAC: “.. American consumer borrowed $18.1 billion in July. The Street's high estimate was $16 billion. The tape spent Tuesday on oil and ignored it, we don't and it shouldn't.”
RENMAC: “.. Folks that talked up nonsupervisory wages last month will probably look at total earnings this month.”
January 9, 2026 at 2:13 PM
RENMAC: “.. Folks that talked up nonsupervisory wages last month will probably look at total earnings this month.”
RENMAC: Philly Fed delivery times “are very extended .. the highest since 2022. When it takes factories longer to get product out the door, price pressures tend to follow.”
September 17, 2026 at 1:15 PM
RENMAC: Philly Fed delivery times “are very extended .. the highest since 2022. When it takes factories longer to get product out the door, price pressures tend to follow.”