Show from 02/02/24

Host Jeremy Schwartz and Professor Siegel begin this week's discussion with a look at the latest jobs report. The Prof says the plunge in hours reported is only ever seen in recession times and stresses the importance of further research. The Prof says there is increased concern about the banks again but it appears to be an isolated incident. (10:16) Jeremy continues his conversation with Neil to talk about the Professor's comments on the current economy. Neil states that the severe weather is the cause for low hours this week and there should be an increase moving forward. Jeremey asks Neil what could be causing mass dissatisfaction for the economy among US citizens. Jeff joins the discussion to discuss the bond market and global economics. Neil comments on what the 5 to 7 year trend on productivity might be. The group gives their opinion on Small-Caps, commercial real-estate and bank lending, as well as bio tech and international markets.

Guests: Jeff has been one of Wall Street’s most influential macro-analysts over the last quarter-century. His process assisted clients in navigating both the up and downside as well as the inherent risks associated with this business. As a member of Institutional Investor’s Hall of Fame, Jeff has helped legitimize technical analysis by employing a disciplined process reliant on data, history, and statistics, while discounting the narrative-based approach that remains so popular on Wall Street. His dedication to the business, unquenchable passion for markets and history creates a foundation that offers the flexibility to profit and protect. Jeff is known for his pragmatism and willingness to express both bullish and bearish views.

As Head of Economic Research, Neil Dutta, As Head of Economic Research, leads our macroeconomic research efforts, with an emphasis on analyzing the US economy, Federal Reserve, global trends, and cross-market investment themes. Prior to RenMac, Neil spent seven years at Bank of America-Merrill Lynch. There, he was a Senior Economist covering both the United States and Canada.Neil appears frequently in the financial press, representing the firm on Bloomberg, CNBC, and Fox Business. He has been quoted by the Wall Street Journal, Financial Times, Associated Press, and has been featured in the New York Times for his out of consensus economic views on a host of topics including employment, consumption, inflation and housing.

Learn more about Jeff at: https://www.renmac.com/jeff-degraaf/

Learn more about Neil at: https://www.renmac.com/neil-dutta/

Follow Jeff on LinkedIn: linkedin.com/in/jeffrey-degraaf-cmt-cfa

Follow Neil on LinkedIn: linkedin.com/in/dutta-neil