transcript
show notes
RenMac breaks down why Thursday's tech wipeout looks like forced liquidation rather than a bottom, with semis and hardware stuck at 20-day lows, shorts covered but not yet reloaded, and credit stress creeping up the quality ladder. The team also discusses why a Fed likely on hold in October still points to a December hike, Charlie Cook's midterm map, a cautious consumer facing high mortgage rates, France's blowing-out CDS spreads, and the week ahead in the FOMC, September core inflation, and Alphabet, Microsoft, and KLA earnings.
