RenMac Off-Script: Can't Spell Allbirds w/o AI episode artwork

EPISODE · Apr 17, 2026 · 42 MIN

RenMac Off-Script: Can't Spell Allbirds w/o AI

from RenMac · host Jeff deGraaf, Neil Dutta, & Stephen Pavlick

RenMac unpacks a market at new highs despite slowing growth, softening real consumption, and rising real rates acting as a drag beneath the surface. The team debates AI-driven speculative behavior, a fragile consumer distorted by nominal spending and gas prices, housing that likely needs job losses to reset, and why markets are dismissing oil, policy, and Fed risks that haven’t hit earnings yet.We also welcome you to access “deGraaf: Fading the Fads” report: https://start.renmac.com/4-17-2026-fading-the-fads

RenMac unpacks a market at new highs despite slowing growth, softening real consumption, and rising real rates acting as a drag beneath the surface. The team debates AI-driven speculative behavior, a fragile consumer distorted by nominal spending and gas prices, housing that likely needs job losses to reset, and why markets are dismissing oil, policy, and Fed risks that haven’t hit earnings yet.We also welcome you to access “deGraaf: Fading the Fads” report: https://start.renmac.com/4-17-2026-fading-the-fads

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RenMac Off-Script: Can't Spell Allbirds w/o AI

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This episode is 42 minutes long.

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This episode was published on April 17, 2026.

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RenMac unpacks a market at new highs despite slowing growth, softening real consumption, and rising real rates acting as a drag beneath the surface. The team debates AI-driven speculative behavior, a fragile consumer distorted by nominal spending...

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