Episodes
Thursday Oct 26, 2017
Harley S. Bassman: The Convexity Maven opines on Macro Themes
Thursday Oct 26, 2017
Thursday Oct 26, 2017
Erik Townsend welcomes Harley Bassman to MacroVoices. Erik and Harley discuss the creation of the MOVE index, the three Drivers of Risk: Duration, Credit, and Convexity and the demographic of the Baby Boomers continues to drive financial markets. They further discuss perspective on CAPE ratio levels, correlation of buybacks to cumulative flows and the flow of active to passive management is building a negatively convex foundation.
Saturday Oct 21, 2017
Jeffrey Snider: Eurodollar University Part 3
Saturday Oct 21, 2017
Saturday Oct 21, 2017
Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeffrey discuss the Basel Accords, capital reserve ratios and risk weighting assets. The further discuss the leverage in bank capital, adoption of the JPM RiskMetrics and illustrations of the basic interbank functions.
Thursday Oct 19, 2017
Art Berman: Comparative Inventory draws spell higher oil prices
Thursday Oct 19, 2017
Thursday Oct 19, 2017
Erik Townsend welcomes back Art Berman to MacroVoices. Erik and Art discuss the comparative inventories on oil and the oil prices responsiveness to the changes in inventories. The further discuss the realization that price recovery takes time and that many refinery intakes have not yet recovered. They further discuss backwardation on WTI, considerations on OPEC-NOPEC production cuts and the global market balance on oil.
Thursday Oct 12, 2017
Jeffrey Christian: Gold on course for new all-time highs by 2020
Thursday Oct 12, 2017
Thursday Oct 12, 2017
Erik Townsend welcomes Jeffrey Christian back to MacroVoices. Erik and Jeffrey discuss the outlook on the US dollar, gold, silver and global de-dollarization. They further discuss considerations on new crude oil contract with settlement in yuan, backed by gold and the next Fed Chairman. Later in the interview, they discuss ECB policy considerations, decentralization trends in Europe, Russia and China
Thursday Oct 05, 2017
Jeffrey Snider: Eurodollar University Part 2
Thursday Oct 05, 2017
Thursday Oct 05, 2017
Erik Townsend and Jeffrey Snider are back for Part 2 of the Eurodollar University. Erik and Jeffrey discuss the case of the missing money and the transformation of banking into a wholesale model. They look and the radical monetary evolution and put it into context in understanding the great inflation of the 1970s.