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episodes

  • Keith McCullough: Bond Yields May Have Peaked
    Erik Townsend and Patrick Ceresna welcome Keith McCullough to MacroVoices. Erik and Keith discuss how the investment landscape has evolved, why deflationary pressures are on the horizon. They further discuss the marginal rates of change in growth and inflation, U.S. real GDP and CPI forecasts, the global economic landscape and the key macro themes into the year end.
    1 hr 25 min
  • BONUS: Beyond Blockchain Audiobook Chapter 1
    Audiobook Chapter 1 FREE Preview
    The cryptocurrency trend of the past few years has continued to grow despite widespread predictions that it would just be a flash in the pan. Blockchain is suddenly everyone’s favorite buzzword. But what if there’s more to this story than meets the eye? What if Digital Currency is about to change the world in ways beyond our imagination? And what if geopolitical forces our politicians don’t even understand have already inspired China and Russia to use Digital Currency to attack the U.S. Dollar’s dominance over the global financial system?
    36 min
  • Beyond Blockchain - Chapter 1 - FREE Preview
    The cryptocurrency trend of the past few years has continued to grow despite widespread predictions that it would just be a flash in the pan. Blockchain is suddenly everyone’s favorite buzzword. But what if there’s more to this story than meets the eye? What if Digital Currency is about to change the world in ways beyond our imagination? And what if geopolitical forces our politicians don’t even understand have already inspired China and Russia to use Digital Currency to attack the U.S. Dollar’s dominance over the global financial system?
    35 min
  • Dr. Pippa Malmgren: Embracing Entrepreneurship
    Erik Townsend and Patrick Ceresna welcome Dr. Pippa Malmgren to MacroVoices. Erik and Pippa discuss the opportunities on drone technology and the leaders in unmanned aerial vehicles. They further discuss the issues of data privacy in the firmware and the risks of drones being used for terrorism. They go on to discuss her new book Leadership Lab. They discuss the new paradigms of leadership, the speed of technological change and slow rate at which governments are adapting.
    1 hr 26 min
  • Daniel Lacalle: Synchronized Global Growth was always a False Narrative
    Erik Townsend and Patrick Ceresna welcome Daniel Lacalle to MacroVoices. Erik and Daniel debate if this is a market correction or is it the end of the bull market? They touch on the Fed’s responsiveness to changing monetary policy and ask where bond yields are heading from here? They proceed to touch on Europe, the ECB, Italy, European junk bonds, Emerging Markets and more. During the post game Marin Katusa joins us to discuss Mohammed bin Salman, Saudi Arabia, oil prices and gold.
    1 hr 24 min
  • Prof Steve Hanke: M4 is the most under appreciated indicator
    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,
    and some perspective on Venezuela's hyperinflation
    1 hr 19 min
  • Prof Steve Keen: The Real Risk is in Private Credit
    Erik Townsend and Patrick Ceresna welcome Prof Steve Keen to MacroVoices. Erik and Steve put perspective on global sovereign and private debt. Erik asks if government debt is still a safe haven? They further touch on junk bonds, corporate debt, credit spreads and ask how another financial crisis occurs and which countries are most vulnerable. After the interview, post game guest Charlie McElligott joins Erik and Patrick to dissect the current market drop and where the next opportunities lie.
    1 hr 34 min
  • Louis-Vincent Gave: Breakdown in Historical Norms between Emerging Markets and USTs
    Erik Townsend and Patrick Ceresna welcome Louis-Vincent Gave to MacroVoices. Erik and Louis discuss drivers in emerging markets route, the global equity markets and how long the divergence can last between US and global equity markets. The further discuss the impact on U.S. treasuries, global de-dollarization and the dissolution of Chimerica. They look at NAFTA and the changing of the supply chain as well as the outlook for gold and precious metals.
    1 hr 16 min
  • Keith Dicker: The next major financial crisis will happen in the Bond market
    Erik Townsend and Patrick Ceresna welcome Keith Dicker back to MacroVoices. Erik and Keith discuss the government bond bubble, artificially suppressed interest rates and rethinking bonds for portfolio allocations. They discuss what impact that a bond market route could have on equities and if the bond bear market has started. They conclude with their outlook on equities and gold.
    1 hr 19 min
  • Art Berman: The market has de-valued the oil price yield curve
    Erik Townsend and Patrick Ceresna welcome Art Berman back to MacroVoices. Erik and Art discuss comparative inventory and inventory correlation to price on oil. They further look at price cycles, the oil-price yield curve and the impact of U.S. exporting oil. They further discuss why backwardation is collapsing on WTI, sensitivities to supply concerns and the discrepancies between IEA and OPEC forecasts.
    1 hr 24 min