Welcome to Macro Voices

Erik Townsend and Patrick Ceresna welcome Art Berman to MacroVoices. Erik and Art discuss:

• Saudi Arabia’s production cut decision and what this means
• Will U.S. shale industry recover?
• Expected decline in demand in oil
• Analysis of current comparative inventory report
• Pandemic and U.S. consumption recovery – what does this mean for gasoline?
• Perspectives on previous prediction of a big decline in U.S. production in Q1
• Can OPEC compensate for loss of U.S. production?
• Lag times between getting the rig started to actual oil production and what this means
• Price vs. Comparative inventory yield curve

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Art will refer to it throughout the discussion. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Ronald Stoeferle and Grant Williams to MacroVoices. Erik and the panlists discuss:

• How to trade a fiat currency debasement
• Hedging or trading inflation
• Gold, silver, platinum and palladium 
• Hard assets like real estate including farmland
• Copper and iron ore and the battery metals
• Energy as an inflation hedge

Download the podcast transcript: [Click Here]

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Ronald Stoeferle and Grant Williams to MacroVoices. Erik and the panelists discuss:

• Fiat currency debasement
• Yellen, MMT and debasement, how could it play out differently
• Commodities and different ways to hedge
• Cryptocurrencies, Bitcoin and its role as a debasement hedge

Download the podcast transcript: [Click Here]

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Kyle Bass to MacroVoices. Erik and Kyle discuss:

• All-time highs despite the pandemic – are we shifting into a new paradigm?
• Impending inflation and how to trade it 
• Is gold still the best hedge against fiat debasement?
• Is the bond bull market finally done and are we headed toward negative yield?
• Negative yields in Europe – will this recover as inflation begins?
• How will Biden administration change the macro outlook?
• Implications of electrification of the economy
• Will Singapore be replacing Hong Kong as the financial center in Asia?
• Perspectives on crypto currencies

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Dr. Pippa Malmgren to MacroVoices. Erik and Pippa discuss:

• Update on President Trump may start his own news network
• Why Trump running a news network may be more powerful than being the President 
• Upcoming meeting of the electors – how will this impact President Trump’s actions
• What would Trump News Network look like?
• Possible pardoning for Julian Assange and Edward Snowden and its implications
• Perspectives on inflation 
• Outlook on digital currencies 

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Jeff Snider to MacroVoices. Erik and Jeff discuss:

• DXY reaching multi-year lows – is this the beginning of the dollar crash?
• Basics of US dollar crash and related Treasury market destruction
• Has quantitative easing been successful?
• Japanese Inflation & QE – Is US monetary policy following the Japanese model?
• Lower indication in inflation indices despite excessive liquidity
• Is the U.S. dollar’s global reserve currency status being threatened?
• Perspectives on MMT

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Jeff will refer to it throughout the discussion. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome David Rosenberg to MacroVoices. Erik and David discuss:

• Has the market  priced in the vaccine news?
• How does this translate into the stock market
• Shift to secular inflation or return to deflation?
• Where is the stock market headed from here?
• Will US Treasury will go negative on 10yr or will they stay at zero?
• Treasuries vs. Gold

Download the podcast transcript: [Click Here] 

Free 30-day Trial to Dave's Economic Research and Insights 

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.

Erik Townsend and Patrick Ceresna welcome Daniel Lacalle to MacroVoices. Erik and Daniel discuss:

• Perspective on recent rally in market amidst the pandemic and U.S. Elections

• Spike in COVID cases, are things going to get worse before it gets better?
• Would expectation of more government stimulus lead to lower yields?
• Likelihood of secular inflation due to more money printing and more deficit spending
• Challenges ECB is facing with insolvent countries borrowing at low yields?
• Will foreign policies reverse under Biden administration?

• Is U.S. fracking industry facing a major threat from Biden administration energy policy?

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.