
Macro Voices
Markets and Investing
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
Location:
United States
Description:
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
Twitter:
@macrovoices
Language:
English
Email:
info@macrovoices.com
Episodes
MacroVoices #510 Jim Bianco: From FED Cuts, to inflation, to Gen Z鈥檚 Infatuation with Socialism
12/11/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Jim Bianco. They discuss, what just happened and what it means for markets. https://bit.ly/4rRuipR
Register for Big Picture Trading's asymmetric challenge here: https://www.bigpicturetrading.com/challenge
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4pYRalp
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:07:56
MacroVoices #509 Marko Papic: Geo-macro Outlook for 2026
12/4/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Marko Papic. We鈥檒l discuss the deteriorating situation in Venezuela, the impacts of a potential Russia-Ukraine peace deal on markets, the spat between Japan and China, and the U.S. mid-term election cycle, considering the market impacts of all these developments. https://bit.ly/442T5gw
Register for Big Picture Trading's asymmetric challenge here: https://www.bigpicturetrading.com/challenge
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4aqSkBK
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:12:05
MacroVoices #508 Laskhman Achuthan: Inflation Cycles Amid Regime Change
11/26/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Lakshman Achuthan. They鈥檒l discuss all things cycles, from the current outlook on growth and inflation cycles to how cycles in general perform in times like these when big political and geopolitical headlines are driving markets. https://bit.ly/4iGSes1
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/483OoFv
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:04:36
MacroVoices #507 Michael Howell: Is This The end of the Everything Bubble
11/20/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Howell. They鈥檒l discuss the global liquidity cycle, why it has a 65-month periodicity, and where we stand in that cycle right now. https://bit.ly/3X7ZN0J
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4pkiqdI
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:12:18
MacroVoices #506 Mike Green: Volatility, High-Yield, Precious Metals & More
11/13/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Mike Green. They鈥檒l discuss everything from the reopening rally to precious metals to energy markets. https://bit.ly/49SQx89
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4o064GN
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:00:57:44
MacroVoices #505 Michael Every: Does Anyone Remember PMIs?
11/6/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Every. They鈥檒l discuss the geopolitical situation and talk about what it means for markets. https://bit.ly/49AFRuQ
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4973pY2
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:07:03
MacroVoices #504 Brent Johnson: The Genius of Stablecoin鈥檚
10/30/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Brent Johnson. They discuss why Brent says Stablecoin is going to be a game changer, even for those who aren鈥檛 interested in crypto assets. https://bit.ly/4oMi7IB
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3X396yV
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:04:56
MacroVoices #503 Adam Rozencwajg: Gold, Oil & Uranium
10/23/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Adam Rozencwajg. They discuss all things commodities from gold to oil to uranium. https://bit.ly/4oFcfAZ
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3L28R4t
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:22:24
MacroVoices #502 Tian Yang: A Whiff of Reflation?
10/16/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Tian Yang. They鈥檒l discuss the leading indicators Variant Perception uses to guide their macro strategy, what they say about growth and inflation, and how that translates to trading opportunities. https://bit.ly/3KUt5Np
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/478q6Zg
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:00:52:52
MacroVoices #501 Matt Barrie: AI Bubble 2.0
10/9/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Matt Barrie. They discuss all things AI in this week鈥檚 feature interview. Is it a bubble about to burst, or a new secular trend that will soon be bigger than the Internet itself? https://bit.ly/4h3y1f3
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: http://bit.ly/435x6ot
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:09:02
MacroVoices #500 Lyn Alden: What Will Stop This Train?
10/2/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Lyn Alden. Lyn picks up where Luke Gromen left off last week, sharing her views on what it would take to actually stop this train. http://bit.ly/48djn2y
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4pSOuGU
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:15:44
MacroVoices #499 Has The Luke Gromen Moment Arrived?
9/25/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Luke Gromen. They鈥檒l discuss what that will mean for markets, from gold to bitcoin to stocks. And of course no Luke Gromen interview would be complete without an update on Luke鈥檚 outlook for the U.S. Dollar. https://bit.ly/4nn8U9t
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/46B94Tk
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:32:18
MacroVoices #498 Louis-Vincent Gave: Which Megatrend Will Reshape The World?
9/18/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Louis-Vincent Gave. They discuss deflation, precious metals, equities, China, energy markets, and much more. https://bit.ly/3VqJY4t
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3KsOX25
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:04:57
MacroVoices #497 Dr. Anas Alhajji: The Impact of Trump Polices on Russia, China, India & OPEX+
9/11/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Dr. Anas Alhajji. They discuss all things energy, from this past Sunday鈥檚 Group of 8 meeting to secondary sanctions strategy on India to the reincarnated Power of Siberia 2 pipeline project. https://bit.ly/4gkBeGI
Trade Dr. Anas Alhajji's Oil View Live! (Members-Only Guest Pass) Register For A Free Trial To Claim Your Pass! Here: https://dub.link/qt10D1y
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3VcCwd6
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:01:28
MacroVoices #496 Jim Bianco: The Post Covid Economy
9/4/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Jim Bianco. They discuss, whether a fed rate cut is even a good idea, inflation risks, the unobvious relationship between the jobs report and the southern border, why cutting short term rates could actually shock long-term yields higher, and much much more. https://bit.ly/3Vwtnfp
Trade Bianco鈥檚 Bond View Live! (Members-Only Guest Pass) Register Here: https://dub.link/qt10D1y
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3HGazr6
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:08:04
MacroVoices #495 Louis-Vincent Gave: Understanding China's Structural Growth Drivers
8/28/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Louis-Vincent Gave. They'll discuss his long-term perspective on China鈥檚 role in the global economy, highlighting both its extraordinary infrastructure ambitions and the challenges of securing foreign capital amid shifting geopolitical realities. https://bit.ly/4mBZRAV
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
Duraci贸n:01:02:00
MacroVoices #494 Micheal Every: Markets, Policy, Russia & More
8/21/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Every. They'll discuss Markets, policy, Russia-US summit and much more. https://bit.ly/3JpAnYU
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/3UBs7aD
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
馃敶 Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials
Duraci贸n:01:04:49
MacroVoices #493 Ole Hansen: Commodities Are Heating Up!
8/14/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Ole Hansen. They鈥檒l discuss all things commodities from tariffs to energy to precious metals and much more. https://bit.ly/3Uu4vog
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/47rWXKf
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
馃敶 Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials
Duraci贸n:01:02:34
MacroVoices #492 Daniel Lacalle: The End of American Exceptionalism?
8/7/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Daniel Lacalle. They鈥檒l discuss tariffs, recession risks, the European perspective on U.S. geopolitics and markets, the future of the EU鈥檚 relationship with the United States, precious metals, energy, and much more. https://bit.ly/4llKZ8z
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4m78Dqx
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
馃敶 Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1
Duraci贸n:01:07:48
MacroVoices #491 Rick Rule: Oil, Uranium & Precious Metals
7/31/2025
MacroVoices Erik Townsend & Patrick Ceresna welcome, Rick Rule. They鈥檒l discuss oil, uranium, gold and silver, and much more. https://bit.ly/40McC34
馃敾Download Big Picture Trading Chartbook 馃搱馃搲: https://bit.ly/4lUZ7qj
鉁匰ign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag
馃敶 Subscribe to Patrick鈥檚 Youtube Channel: https://www.youtube.com/@Patrick_Ceresna
馃敶 Subscribe to Erik's Substack: https://eriktownsend.substack.com/
馃敶 Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1
Duraci贸n:01:12:32
