

Macro Voices
Hedge Fund Manager Erik Townsend
Weekly market commentary by Hedge Fund Manager Erik Townsend and interviews with the brightest minds in the world of finance and macroeconomics. Made possible by funding from Fourth Turning Capital Management, LLC
Episodes
Mentioned books

53 snips
Jul 24, 2025 • 1h 23min
MacroVoices #490 Dr. Pippa Malmgren: Bessent, Stablecoin & JFK
In this episode, Dr. Pippa Malmgren, a bestselling author and expert in geopolitics and technology, tackles pressing issues like the future of stablecoins and the U.S. dollar's reserve status. She delves into the ethical implications of Jeffrey Epstein's connections with powerful figures, calling for greater transparency in governance. The conversation also explores the shifting landscape of trade practices and their economic impacts, alongside a market analysis covering trends in stocks, gold, and uranium.

182 snips
Jul 17, 2025 • 1h 8min
MacroVoices #489 Darius Dale: Are You Positioned For The Melt-Up?
Darius Dale, the founder of 42 Macro, discusses his bullish outlook on U.S. equities, driven by a shift toward pro-growth fiscal policies. He warns, however, of potential monetary debasement if these strategies fail, urging investors to take profits. The conversation delves into current U.S. trade policies, the impacts of Federal Reserve actions, and how strategic systematic investing can navigate economic shifts. Dale also touches on market dynamics across commodities and cryptocurrencies, advocating for a diversified approach to maximize returns.

136 snips
Jul 10, 2025 • 1h 16min
MacroVoices #488 Lyn Alden: Run It Hot!
Lyn Alden, founder of an investment research firm, dives deep into why investors should adopt a 'run it hot' strategy in today's market. She highlights how fiscal policy is now shaping market outcomes more than monetary policy, suggesting that this backdrop can fuel equity market growth. Alden also explains the complexities of investing in Bitcoin against a regulatory landscape and discusses the relationships between oil, gold, and emerging opportunities in uranium. Get ready for some thought-provoking strategies!

146 snips
Jul 3, 2025 • 1h 8min
MacroVoices #487 Larry McDonald: The Great Migration To Hard Assets
Larry McDonald, Editor of The Bear Traps Report and market strategist, dives into crucial investment trends. He explores the effects of political changes in Chile on lithium and copper markets, and discusses U.S. economic pressures pushing investors towards hard assets. There's insightful analysis on uranium investments, balancing potential with volatility. McDonald also emphasizes the need for transparent financial information to empower retail investors. Expect a cautious yet optimistic outlook on energy, silver, and market dynamics!

128 snips
Jun 26, 2025 • 1h 8min
MacroVoices #486 David Rosenberg: Navigating Choppy Waters
David Rosenberg, founder of Rosenberg Research, offers a keen economic outlook as they dive into the fluctuations of the equity markets and rising inflation. He highlights the delicate balance between investor confidence and traditional fundamentals, warning against current market optimism. The discussion also tackles the strong performance of precious metals like gold compared to silver and platinum, alongside bearish energy market sentiments. Rosenberg emphasizes key economic indicators that could reshape investment strategies amidst ongoing geopolitical tensions.

51 snips
Jun 18, 2025 • 1h 10min
MacroVoices #485 Jeff Currie: The Joule Order
In this discussion, guest Jeff Currie, Chief Strategist for Energy Pathways Investment at Carlyle, dives into the concept of a 'New Joule Order' and its implications for energy markets. He explores unlimited potential for gold prices in the current economic climate, the shifting fortunes of Europe's investments driven by a declining dollar, and the changing dynamics of the petrodollar system. Currie also emphasizes the growing role of asset-backed digital currencies in global finance and the resurgence of interest in uranium as a promising investment.

63 snips
Jun 12, 2025 • 1h 10min
MacroVoices #484 Rory Johnston: Crude Oil Forward Curve Conundrum
Join Rory Johnston, Founder of Commodity Context and an expert in oil market analysis, as he delves into the baffling changes in the WTI forward curve, shifting from backwardation to contango. Explore the impact of geopolitical tensions on crude oil prices and the intricate dance of supply and demand. Discover how U.S. and China inventory dynamics influence future market trends and gain insights into investor sentiment amidst declining U.S. shale production. It's a fascinating look at today's complex crude oil landscape!

65 snips
Jun 5, 2025 • 59min
MacroVoices #483 Vincent Deluard: MAGA vs. Corporate America
Vincent Deluard, a Global Macro Strategist at StoneX, dives into how the MAGA movement may influence corporate America, particularly through potential tax reforms. He argues that recessions are becoming irrelevant thanks to monetary policy. Deluard also explores how demographic shifts and healthcare costs impact market dynamics, while analyzing the evolving landscape of U.S.-China relations amidst geopolitical tensions. He provides insights on upcoming market corrections and the changing frequency of economic downturns since the 2008 crisis.

108 snips
May 29, 2025 • 1h 1min
MacroVoices #482 Mike Green: What The Market Is Not Discounting
Mike Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, dives deep into the implications of current tariffs and the contradictions in government policy. He explores the effects of passive investing on market behavior and the hidden economic challenges it masks. The discussion also touches on the evolving role of AI in the economy, innovative high-yield investment strategies, and the intricate dynamics of Treasury yields. Green’s insights on measuring real interest rates and inflation present a compelling view of today's financial landscape.

204 snips
May 22, 2025 • 1h 6min
MacroVoices #481 Jim Bianco: This is The End of The Beginning
Jim Bianco, founder of Bianco Research, shares his insights on the shifting landscape of Trump-era economic policies, which he describes as the “end of the beginning.” He explores the future implications of tariff strategies and their effects on inflation and consumer prices. Bianco highlights the rising power of retail investors in reshaping market dynamics and discusses the repercussions of the recent U.S. credit rating downgrade. With keen investment insights, he analyzes current market conditions and trends in key financial assets.