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SPECIAL POST GAME GUEST- Marin Katusa - Katusa Research 

• Is the gold breakout for real?
• Update on Mohammed bin Salman and Saudi Arabia

Information about the Silver & Gold Summit in San Francisco October 28-29, 2018 - 30%off promo code: MACRO

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Erik Townsend and Patrick Ceresna welcome Prof Steve Hanke to MacroVoices. Erik and Steve discuss:

• Drivers of the recessions over the last 30 years
• Perspectives on Lehman Brothers failure
• M4 Money Supply as the broadest measure
• Dangers in quantitative tightening
• Commercial banks drive money supply
• Stabilizing the U.S. Dollar Euro rate
• Understanding past hyperinflation
• Perspective on Venezuela's hyperinflation 

Information about the Silver & Gold Summit in San Francisco October 28-29, 2018 - 30%off promo code: MACRO

Chart Book for this week's episode

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SPECIAL POST GAME GUEST- CHARLIE MCELLIGOTT - UPDATE ON THE EQUITY MARKETS

Discussing the market selloff and the drivers for the next move in the S&P500 .  

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SPECIAL POST GAME GUEST- Julian Brigden: Update on the Breakout on Yields

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Erik Townsend and Patrick Ceresna welcome Keith Dicker to MacroVoices. Erik and Keith discuss:

• Understanding the government bond bubble
• Can equities rally during a bond route?
• Rethinking bonds and portfolio allocations
• Artificially suppressed interest rates
• Has the bear market in bonds started?
• Growth in the sovereign debt markets
• Impact of higher rates on governments
• Outlook on equities and the gold

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Information about the Silver & Gold Summit in San Francisco October 28-29, 2018 - 30%off promo code: MACRO

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Get embed code for this episode | For other embed code options click here | Download the audio MP3 File (62.74 MB) | Download the podcast transcript:   pdf Here (188 KB)

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

• Comparative inventory on oil
• Inventory correlation to price
• Price cycles and the oil-price yield curve
• Impact of U.S. exporting oil
• Trends in tight oil rig counts
• Managed money unwinding net long positions
• Distillate and gasoline inventories
• Why is backwardation collapsing on WTI
• Sensitivities to supply concerns
• Discrepancies between IEA and OPEC forecasts
• Where are oil prices going in 2019?

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Erik Townsend and Patrick Ceresna welcome Charlie McElligott to MacroVoices. Erik and Charlie discuss:

• Curve steepener as a recession signal
• Dollar, real rates and inflation expectations impact on S&P500
• Gauging tighter financial conditions
• Chinese credit/financing impulse
• Late cycle behavior from autos and homebuilders
• Fearing the inversion or the steepener on the yield curve?
• Nabe wage surveys, unemployment and recessions
• Hedge fund underperformance and the performance chase

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Erik Townsend and Patrick Ceresna welcome Marin Katusa back to MacroVoices. Erik and Marin discuss:

• Why uranium and why now?
• Political and geopolitical considerations
• Understanding the royalty and streaming business
• Uranium royalties
• Private placements in a streaming model
• Understanding warrants on resource companies
• Focusing on companies that are acquisition targets

Information about Marin Katusa's Premium Research 

MacroVoices LIVE Toronto 2018 - Trailer for Video Access

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Erik Townsend and Patrick Ceresna welcome Danielle DiMartino Booth to MacroVoices. Erik and Danielle discuss:

• Jay Powell as the new Fed Chair
• Jackson Hole – Draghi and Kuroda absence
• Jackson Hole – How did Powell do?
• Impacts from the trade war
• Should markets be concerned about QT
• Impact of the rising dollar on Fed policy
• Where is the economy headed?
• Inflation expectations moving forward
• Economic outlook in Europe and China
• What is the trade into the year end?

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Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeffrey discuss:

• Considerations on Federal Reserve Intervention
• Switzerland as a major supplier of dollars
• Structural changes to the Eurodollar System
• Riskless return shifts to returnless risk
• Banks simply do not want to do it anymore
• Impact to sustained economic growth
• Impact on global economies including EM and China

We strongly recommend that you download the chart book that accompanies this interview, and Erik and Jeff will refer to it throughout the interview. Registered users here at MacroVoices.com already received the download link in your research roundup e-mail. 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, click “Research Library” and Guest Publications near the top of the page. From there you can download the PDF.

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Get embed code for this episode. | For other embed code options click here. | Download the audio MP3 File (58.75 MB) . | Download the podcast transcript:  pdf Here (302 KB)

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