Macro Voices

Dr. Gary Shilling: Long the Long-Bond, Short Oil, Skeptical of U.S. Stocks

Erik Townsend and Aaron Chan welcome Dr. Gary Shilling to MacroVoices. Erik and Gary discuss the continued perception of the U.S. Dollar as a safe haven currency, why the long-bond trade isn't over and the forces driving yields lower, reasoning behind going long defensive stocks despite a bearish view on equities, and much more.

Jeffrey Snider: All Signs Point to Global Systemic Reset

Erik Townsend and Aaron Chan welcome Jeffrey Snider to MacroVoices. Erik and Jeffrey discuss rich equity valuations despite an on-going earnings recession, the mainstream misconception and myth that the Fed provides liquidity, Milton Friedman's Interest Rate Fallacy and how long-run low interest rates demonstrate tightness of money supply, wholesale eurodollar system not tracking with prior exponential growth and demonstrating permanent monetary disruption, and much more.

RVTV Encore: Paul Brodsky

A conversation on March 21, 2016 between Grant Williams and Paul Brodsky, founder of Macro Allocation Inc.

Paul Brodsky: Treasury yields, Deflation, and the need for a Financial System Reset

Erik Townsend and Aaron Chan welcome Paul Brodsky to MacroVoices. Erik and Paul discuss the necessary global reset due to insurmountable leverage, views and outlook for U.S. Treasuries despite obvious sovereign insolvency, the false deleveraging narrative when viewed in the light of base money, thinking behind owning gold bullion relative to gold mining shares, and much more.

Charles Biderman: The Monetary Policy Endgame

Erik Townsend and Aaron Chan welcome Charles Biderman to MacroVoices. Erik and Charles discuss big picture and current market contexts beginning from Post-WW2, flight capital impact on U.S. markets, backstory related to sub-advisor relationship with and termination from AdvisorShares, and much more.

RVTV Encore: Stephen Diggle

A conversation on April 25, 2016 between Grant Williams and Stephen Diggle, founder of Vulpes Investment Management.

David S. Rose: Angel Investing

Erik Townsend and Aaron Chan welcome David S. Rose to MacroVoices. Erik and David discuss David's background and introduction to angel investing and entrepreneurship through his great uncle, what angel investing actually is, how it might fit in a portfolio, and who it is suited for, expected investment returns from angel investing and the role of diversification, and much more.

Eric Hunsader: Market microstructure, HFTs, and IEX

Erik Townsend and Aaron Chan welcome Eric Hunsader to MacroVoices. Erik and Eric discuss Eric's incredible story of exposing the NYSE's selling of higher-speed data feeds to high-frequency traders, the fallacy of HFT providing greater liquidity in the market, how retail investor orders are executed and taken advantage of by internalizers, and much more.

RVTV Encore: Stephanie Pomboy

A conversation on May 29, 2016 between Grant Williams and Stephanie Pomboy, founder of MacroMavens.

Richard Dickson: A Technician Takes the Pulse of Global Markets

Erik Townsend and Aaron Chan welcome Richard Dickson to MacroVoices. Erik and Richard discuss Lowry Research’s approach of looking at markets through buying power and selling pressure, the divergence in price action versus buying power and selling pressure indices, what the divergence means in terms of market accumulation or distribution, and much more.