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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

Sep 14, 2023
Sep 14, 2023
1hr 9 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Convexity Maven Harley Bassman to the show. Harley says why take credit risk when the market is paying traders who understand convexity more handsomely. They also discuss inflation and the other usual macro suspects. https://bit.ly/3ZeEsmF
Download Harley's charts: https://bit.ly/45TT516
Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1
Download Big Picture Trading chartbook šš https://bit.ly/3sRkWAq
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
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Sep 7, 2023
Sep 7, 2023
1hr 9 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Jesse Felder to the show. They discuss the many reasons Jesse is questioning the soft landing narrative and expecting more turbulence for the stock market. Then Erik shares his exciting commodity trade idea before moving onto postgame with Patrick. https://bit.ly/45I2ysd
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Download Jesseās charts: https://bit.ly/3Eu9PQt
Ā
Download Big Picture Trading chartbook šš https://bit.ly/3RbCyRu
Ā ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
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Aug 31, 2023
Aug 31, 2023
1hr 13 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Santiago Capital founder Brent Johnson to the show. They discuss the reasons Brent thinks the U.S. Dollar bull market isnāt over yet, and why Brent thinks new highs for the dollar index are still to come. https://bit.ly/3EjuaYB
Download Brentās charts: https://bit.ly/44xYY2r
Download Big Picture Trading chartbook šš https://bit.ly/3sEGm3s
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
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Aug 24, 2023
Aug 24, 2023
2hr 5 min
In this summer special episode, Erik Townsend welcomes Freelancer.com CEO Matt Barrie to the show for an extra long interview to discuss the macro impacts and knock-on effects of Artificial Intelligence. Market wrap and postgame segment will resume next week. https://bit.ly/3OMuWlW
AI know what you did last summer. - Matt Barrie
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Aug 17, 2023
Aug 17, 2023
1hr 18 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Uranium Insider founder and publisher Justin Huhn to the show. They begin with a review of the near-to-medium term bull case for uranium mining stocks before moving on to a longer-term discussion about advanced nuclear technologies. https://bit.ly/45uBR9Y
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Download Justinās slide deck: https://bit.ly/3YEle9w
Ā
Download Big Picture Trading chartbook šš https://bit.ly/3KKFCAb
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Aug 10, 2023
Aug 10, 2023
1hr 9 min
MacroVoices Erik Townsend and Patrick Ceresna welcome ECRI co-founder Lakshman Achuthan to the show to discuss the business cycle and why the expected recession is taking longer than expected to arrive before moving on to discuss whether a new secular inflation trend underlies the transitory inflation from pandemic supply chain effects, which is now receding. https://bit.ly/3DRqq0o
Download Lakshmanās Charts: https://bit.ly/45ndvih
Download Big Picture Trading chartbook šš https://bit.ly/3DSqDAu
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Aug 3, 2023
Aug 3, 2023
1hr 13 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Jeff Snider to the show to discuss the inflation story over one of Jeffās infamous chart decks and whether the āsoft landingā forecast thatās become popular is accurate. https://bit.ly/3QlP5RZ
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Download Jeffās Charts: https://bit.ly/459utkc
Visit Eurodollar University: https://www.eurodollar.university/
Check out Eurodollar University on YouTube: https://www.youtube.com/@eurodollaruniversity
Ā
Download Big Picture Trading chartbook šš https://bit.ly/3qgZ8xa
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Jul 27, 2023
Jul 27, 2023
1hr 2 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Lyn Alden to the show to take a deep dive on energy, everything from crude oil to natural gas to shale depletion rates. And finally, uranium before moving on to talk in depth about inflation. https://bit.ly/3OyuKaI
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Download Lynās Charts: https://bit.ly/475fOZ4
Ā
Download Big Picture Trading chartbook šš https://bit.ly/3rM2yZ8
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Ā
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Jul 20, 2023
Jul 20, 2023
1hr 15 min
MacroVoices Erik Townsend and Patrick Ceresna welcome Dr. Anas Alhajji to the show to discuss everything from an update on his market outlook to why Chinese reopening didnāt have the demand recovery effect so many of us predicted. https://bit.ly/43OUvbz
āļøJoin Patrick for a LIVE webinar on Tuesday July 25th at 1pm ETāļø Sign up here ā”ļø https://www.bigpicturetrading.com/money
Ā
Download Big Picture Trading chartbook šš https://bit.ly/44vvLpG
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Ā
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Jul 13, 2023
Jul 13, 2023
1hr 12 min
MacroVoices Erik Townsend and Patrick Ceresna welcome 42 Macro founder Darius Dale to the show to discuss what the bears got wrong, why Darius thinks thereās still some upside left in the stock market, before it ultimately reverses direction to vindicate the bears. They also discuss inflation, why the macro backdrop has changed considerably, and finally, Chinaās recovery and why it didnāt have the expected effect on global demand recovery. https://bit.ly/3NPvcQC
Download Dariusā charts: https://bit.ly/3OdfHTN
Ā
āļøJoin Patrick for a LIVE webinar on Tuesday July 25th at 1pm ETāļø
Sign up here ā”ļø https://www.bigpicturetrading.com/money
Ā
Download Big Picture Trading chartbook šš https://bit.ly/46NTxyF
ā Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Ā
Check out Nick's YouTube channel: https://www.youtube.com/c/Optionfinity
Join OptionFinity discord: https://discord.gg/Rvnsv6Y
Ā
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials
